SEC Reopens Comment Period for Proposed Amendments to Financial Responsibility Rules for Broker-Dealers
On May 3, 2012, the SEC reopened the comment period on a long-dormant proposal to amend the financial responsibility rules for broker-dealers. Proposed in March 2007 but never acted on by the SEC, the proposal would make various amendments to the SEC’s net capital, customer protection, books and records and notification rules for registered broker-dealers.
This communication, which we believe may be of interest to our clients and friends of the firm, is for general information only. It is not a full analysis of the matters presented and should not be relied upon as legal advice. This may be considered attorney advertising in some jurisdictions. Please refer to the firm's privacy notice for further details.
Copy link to share post