Document ID: SEC-2010-0018-0001
Agency: sec
Document Type: Rule
Title: Temporary Rule Regarding Principal Trades With Certain Advisory Clients
Posted Date: 2010-01-06T05:00Z

[Federal Register: January 6, 2010 (Volume 75, Number 3)]
[Rules and Regulations]               
[Page 742-743]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr06ja10-2]                         

=======================================================================
-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

17 CFR Part 275

[Release No. IA-2965A; File No. S7-23-07]
RIN 3235-AJ96

 
Temporary Rule Regarding Principal Trades With Certain Advisory 
Clients

AGENCY: Securities and Exchange Commission.

ACTION: Final rule; correction.

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

SUMMARY: On December 30, 2009, the Securities and Exchange Commission 
published a Federal Register document adopting as final Rule 206(3)-3T 
under the Investment Advisers Act of 1940, the interim final temporary 
rule that establishes an alternative means for investment advisers who 
are registered with the Commission as broker-dealers to meet the 
requirements of Section 206(3) of the Investment Advisers Act when they 
act in a principal capacity in transactions with certain of their 
advisory clients. As adopted, the only change to the rule was the 
expiration date in paragraph (d) of the section. Rule 206(3)-3T will 
sunset on December 31, 2010. This document makes a correction to that 
document.

DATES: Effective December 31, 2009. The DATES section for FR Doc. 2009-
30877, published on December 30, 2009 (74 FR 69009) is corrected to 
read ``DATES: The amendments in this document are effective December 
30, 2009 and the expiration date for 17 CFR 275.206(3)-3T is extended 
to December 31, 2010''.

FOR FURTHER INFORMATION CONTACT: Sarah A. Bessin, Assistant Director, 
Daniel S. Kahl, Branch Chief, or Matthew N. Goldin, Senior Counsel, at 
(202) 551-6787 or IArules@sec.gov, Office of Investment Adviser 
Regulation, Division of Investment Management, Securities and Exchange 
Commission, 100 F Street, NE., Washington, DC 20549-5041.

SUPPLEMENTARY INFORMATION: The Securities and Exchange Commission is 
correcting the DATES section for FR Doc. 2009-30877, published on 
December 30, 2009 (74 FR 69009), to read ``DATES: The amendments in 
this document are effective December 20, 2009 and the expiration date 
for 17 CFR 275.206(3)-3T is extended to December 31, 2010.''

[[Page 743]]

    By the Commission.

    Dated: December 31, 2009.
Elizabeth M. Murphy,
Secretary.
[FR Doc. E9-31420 Filed 12-31-09; 4:15 pm]

BILLING CODE 8011-01-P