[Federal Register Volume 77, Number 138 (Wednesday, July 18, 2012)]
[Rules and Regulations]
[Page 42176]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-17411]
[[Page 42176]]
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SECURITIES AND EXCHANGE COMMISSION
17 CFR Part 249
[Release No. 34-66020A; File No. S7-19-10]
RIN 3235-AK69
Technical Amendment to Rules for the Temporary Registration of
Municipal Advisors
AGENCY: Securities and Exchange Commission.
ACTION: Final rule; technical amendment.
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SUMMARY: The Securities and Exchange Commission (``Commission'') is
making a technical amendment to rules under the Securities Exchange Act
of 1934 (``Exchange Act'') to correct an inadvertent error. On December
21, 2011, the Commission extended the expiration date for the temporary
municipal advisor registration regime to September 30, 2012. In the
release extending the expiration date, the Commission inadvertently
omitted a reference to Subpart N, which resulted in the deletion of
Subpart N from the Code of Federal Regulations. With this technical
amendment, the Commission is correcting the omission and adding back
Subpart N to the Code of Federal Regulations.
DATES: Effective Date: July 18, 2012.
FOR FURTHER INFORMATION CONTACT: Yue Ding, Attorney-Adviser, Office of
Market Supervision, at (202) 551-5842, Division of Trading and Markets,
Commission, 100 F Street NE., Washington, DC 20549-7010.
SUPPLEMENTARY INFORMATION: On September 1, 2010, the Commission adopted
interim final temporary Rule 15Ba2-6T under the Exchange Act (``Rule
15Ba2-6T''),\1\ which provides for the temporary registration of
municipal advisors under the Exchange Act, as amended by the Dodd-Frank
Wall Street Reform and Consumer Protection Act.\2\ The Commission also
adopted Subpart N (Forms for Registration of Municipal Advisors), which
consisted of 17 CFR 249.1300T (Form MA-T--For temporary registration as
a municipal advisor, and for amendments to, and withdrawals from,
temporary registration). On December 21, 2011, the Commission adopted
an amendment to Rule 15Ba2-6T, which extended the date on which Rule
15Ba2-6T (and consequently Form MA-T) will sunset from December 31,
2011, to September 30, 2012.\3\ The Commission did not make any other
amendments to Rule 15Ba2-6T or Form MA-T. In the release extending the
expiration date, the Commission inadvertently omitted the reference to
Subpart N and 17 CFR 249.1300T in the ``Statutory Authority and Text of
Rule and Amendments'' section. As such, Subpart N, which consists of 17
CFR 249.1300T, was deleted from the Code of Federal Regulations. The
Commission is making this technical amendment to restore Subpart N and
249.1300T to Title 17 of the Code of Federal Regulations.
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\1\ 17 CFR 240.15Ba2-6T.
\2\ See Securities Exchange Act Release No. 62824 (September 1,
2010), 75 FR 54465 (September 8, 2010).
\3\ See Securities Exchange Act Release No. 66020 (December 21,
2011), 76 FR 80733 (December 27, 2011).
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List of Subjects in 17 CFR Part 249
Reporting and recordkeeping requirements, Municipal advisors,
Temporary registration requirements.
For the reasons set out above, Title 17, Chapter II, of the Code of
Federal Regulations is amended as follows:
PART 249--FORMS, SECURITIES EXCHANGE ACT OF 1934
0
1. The authority citation for part 249 continues to read in part as
follows:
Authority: 15 U.S.C. 78a et seq. and 7201 et seq.; and 18
U.S.C. 1350, unless otherwise noted.
* * * * *
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2. Subpart N, consisting of Sec. 249.1300T, is added to read as
follows:
Subpart N--Forms for Registration of Municipal Advisors
Sec. 249.1300T Form MA-T--For temporary registration as a municipal
advisor, and for amendments to, and withdrawals from, temporary
registration.
The form shall be used for temporary registration as a municipal
advisor, and for amendments to, and withdrawals from, temporary
registration pursuant to Section 15B of the Exchange Act, (15 U.S.C.
78o-4).
Note: The text of Form MA-T does not, and the amendments will
not, appear in the Code of Federal Regulations.
Dated: July 12, 2012.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2012-17411 Filed 7-17-12; 8:45 am]
BILLING CODE 8011-01-P