Title

SEC Proposes Amendments to Rule 10b-18 Safe Harbor for Issuer Repurchases
Client Memorandum

Created date

1/28/2010

The SEC has issued for public comment proposed amendments to Rule 10b-18 under the Securities Exchange Act of 1934 that are intended to clarify and modernize the safe harbor provisions in light of market developments since the Rule’s adoption in 1982. Comments are due 30 days from publication in the Federal Register.