On December 27, the SEC adopted amendments to eliminate references in certain of its rules and forms to credit ratings. The changes were mandated by Dodd-Frank. Rating references were removed from the following rules and forms:
- Rule 5b-3 under the Investment Company Act;
- Forms N-1A, N-2, and N-3;
- Rule 15c3-1 (and certain appendices) under the Securities Exchange Act of 1934;
- Rule 15c3-3 under the Securities Exchange Act of 1934; and
- Rule 10b-10 under the Securities Exchange Act of 1934.
Release. Final Rules #1. Final Rules #2.
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