3235-AK97 201210 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 3235 Securities and Exchange Commission SEC Disqualification of Felons and Other "Bad Actors" From Rule 506 Offerings The Commission proposed rules to disqualify securities offerings involving certain "bad actors" from eligibility for the exemptions under Rule 506 of Regulation D, in accordance with section 926 of the Dodd-Frank Act. Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage Undetermined No Not Yet Determined 15 USC 77c(a) 15 USC 77d 15 USC 77s 15 USC 77z-3 Statutory Final 07/21/2011 The Dodd-Frank Act requires final rules within a year of enactment. No NPRM 06/01/2011 76 FR 31518 NPRM Comment Period End 07/14/2011 Final Action 12/00/2012 Yes Businesses Undetermined www.sec.gov/rules/proposed/2011/33-9211.pdf Yes No Johanna Losert Vega 3235 Securities and Exchange Commission SEC 202 551-3460 losertj@sec.gov 100 F Street NE, Washington DC 20549