Document ID: SEC-2006-1343-0001
Agency: sec
Document Type: Notice
Title: Self-regulatory organizations; proposed rule changes: National Association of Securities Dealers, Inc.
Posted Date: 2006-10-17T04:00Z

[Federal Register: October 17, 2006 (Volume 71, Number 200)]
[Notices]               
[Page 61115-61116]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr17oc06-141]                         

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-54411A; File No. SR-NASD-2004-171]

 
Self-Regulatory Organizations; National Association of Securities 
Dealers, Inc.; Order Approving Proposed Rule Change Relating to Rule 
2340 Concerning Customer Account Statements

October 6, 2006.

Correction

    FR Doc. E6-15186, beginning on page 54105 in the issue of September 
13, 2006,\1\ contained an incorrect footnote. On page 54107, in the 1st 
column, footnote 24 provided an incomplete description of an 
explanation of an interpretive position in Securities Exchange Act 
Release No. 31511.
---------------------------------------------------------------------------

    \1\ See Securities Exchange Act Release No. 54411 (Sept. 7, 
2006), 71 FR 54105 (Sept. 13, 2006).
---------------------------------------------------------------------------

    The corrected citation to Release No. 31511 in footnote 24 reads as 
follows:
    ``See Securities Exchange Act Release No. 31511 (Nov. 24, 1992), 57 
FR 56973 (Dec. 2, 1992) (amending the SEC's net capital rule and 
explaining the staff's interpretation that to avoid more stringent 
capital requirements under the rule, an introducing firm must ``have in 
place a clearing agreement with a registered broker-dealer that states, 
for the purposes of SIPA and the Commission's financial responsibility 
rules, customers are customers of the clearing, and not the 
introducing, firm. Furthermore, the clearing firm must issue account 
statements directly to customers. Each statement must contain the name 
and telephone number of a

[[Page 61116]]

responsible individual at the clearing firm whom a customer can contact 
with inquiries regarding the customer's account.'').''
    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\2\
---------------------------------------------------------------------------

    \2\ 17 CFR 200.30-3(a)(12).

Jill M. Peterson,
Assistant Secretary.
[FR Doc. E6-17180 Filed 10-16-06; 8:45 am]

BILLING CODE 8011-01-P