Regulatory Proposals Open for Comment (as of 3-20-07)
This chart lists regulatory items that are currently open for comment and as to which SIFMA is considering or plans to file a comment letter. It is updated approximately once a month. The chart may not capture all matters as to which SIFMA files comment letters, and it does not reflect many other regulatory matters on which SIFMA is engaged apart from the notice and comment process.
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Regulatory Proposal |
SIFMA Staff Contact |
SIFMA Committees and Divisions Involved
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Deadlines |
Regulation R
The Board of Governors of the Federal Reserve System and the SEC jointly are issuing, and requesting comment on, proposed rules that would implement certain of the exceptions for banks from the definition of the term ``broker'' under Section 3(a)(4) of the Securities Exchange Act , as amended by the Gramm-Leach-Bliley Act. The proposed rules would define terms used in these statutory exceptions and include certain related exemptions.
http://a257.g.akamaitech.net/7/257/2422/01jan20061800/ edocket.access.gpo.gov/2006/pdf/06-9825.pdf
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Alan Sorcher 202-434-8445
asorcher@sifma.org
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Bank Holding Company Committee
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Comment due date
March 26, 2007
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Rule Harmonization
NASD issued Notice to Members 07-12 regarding proposed amendments to Rule 3010(g) (Supervision - Definition of "Office of Supervisory Jurisdiction") and Rule 2711 (Research Analysts and Research Reports - Definition of "Initial Public Offering") in connection with the Rule Harmonization Project with the NYSE.
http://www.nasd.com/web/groups/rules_regs/ documents/notice_to_members/nasdw_018691.pdf
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Alan Sorcher 202-434-8445
asorcher@sifma.org |
Self-Regulation and Supervisory Practices Committee
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Comment due date
March 26, 2007 |
Amendments to Financial Responsibility Rules for Broker-Dealers
The SEC is proposing for comment amendments to its net capital, customer protection, books and records, and notification rules for broker-dealers under the Exchange Act.
http://a257.g.akamaitech.net/7/257/2422/01jan20071800/ edocket.access.gpo.gov/2007/pdf/E7-4693.pdf
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Jerry Quinn
212-618-0507
jquinn@sifma.org
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Capital Committee
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Comment due date
May 18, 2007
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