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ARTICLE · 14 MAY 2012

Corporate And Financial Weekly Digest - May 11, 2012

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On March 9, 2007, the Securities and Exchange Commission proposed amendments to its net capital, customer protection, books and records and notification rules for broker-dealers.

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Edited by Robert L. Kohl and David A. Pentlow

BROKER DEALER

SEC Reopens Comment Period for Proposed Amendments to Broker-Dealer Financial Responsibility and Related Rules

On March 9, 2007, the Securities and Exchange Commission proposed amendments to its net capital, customer protection, books and records and notification rules for broker-dealers. The firm previously summarized these proposed amendments in the March 16, 2007 edition of the Corporate & Financial Weekly Digest.

The SEC did not act on the rule amendments, but it is now reopening the public comment period for the proposed amendments. Comments should be received on or before June 8, 2012.

To view the notice regarding the reopening of comment period, click here.

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