Final Rule
Political Contributions by Certain Investment Advisers: Ban on Third-Party Solicitation; Extension of Compliance Date
Overview
The Securities and Exchange Commission ("Commission' or "SEC') is extending the date by which advisers must comply with the ban on third-party solicitation in rule 206(4)-5 under the Investment Advisers Act of 1940, the "pay to play' rule. The Commission is extending the compliance date in order to ensure an orderly transition for advisers and third-party solicitors as well as to provide additional time for them to adjust compliance policies and procedures after the transition.
Prior Actions
Final Rule (IA-3418)
Release Number
IA-3418
SEC Issue Date
June 8, 2012
Federal Register Publish Date
June 13, 2012
Document Citation
77 FR 35263
RIN
3235-AK39
Proposed Rule (IA-2910)
Release Number
IA-2910
SEC Issue Date
Aug. 3, 2009
Federal Register Publish Date
Aug. 7, 2009
Document Citation
74 FR 39839
RIN
3235-AK39
Resources
Details
File Number
S7-18-09
Rule Type
Final
Release Number
IA-3043
SEC Issue Date
July 1, 2010
Effective Date
September 13, 2010
Compliance Date
See
Federal Register Publish Date
July 14, 2010
Document Citation
75 FR 41017
RIN
3235-AK39