Final Rule
Further Definition of "As a Part of a Regular Business" in the Definition of Dealer and Government Securities Dealer
Overview
The Securities and Exchange Commission (“SEC” or “Commission”) is adopting new rules to further define the phrase “as a part of a regular business” as used in the statutory definitions of “dealer” and “government securities dealer” under sections 3(a)(5) and 3(a)(44), respectively, of the Securities Exchange Act of 1934 (“Exchange Act”).
Prior Actions
Proposed Rule (34-94524)
Release Number
34-94524
SEC Issue Date
March 28, 2022
Federal Register Publish Date
April 18, 2022
Document Citation
87 FR 23054
RIN
3235-AN10
Resources
Details
File Number
S7-12-22
Rule Type
Final
Release Number
34-99477
SEC Issue Date
Feb. 6, 2024
Effective Date
April 29, 2024
Federal Register Publish Date
Feb. 29, 2024
Document Citation
17 CFR Part 240
RIN
3235-AN10
Public Comments