View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
SEC | RIN: 3235-AL02 | Publication ID: 2012 |
Title: Purchase of Debt Securities by Business and Industrial Development Companies Relying on an Investment Company Act Exemption | |
Abstract: The Commission proposed (i) to amend two rules (Rules 2a-7 and 5b-3) and four forms (Forms N-1A, N-2, N-3, and N-MFP) under the Investment Company Act that reference credit ratings and (ii) a new rule under that Act that would set forth a credit quality standard in place of a credit rating removed by the Dodd-Frank Act from section 6(a)(5)(A)(iv)(1) of that Act. These proposals would give effect to provisions of section 939A of the Dodd-Frank Act. The Commission adopted Rule 6a-5 which sets forth a credit quality standard to replace the one removed from section 6(a)(5)(A)(iv)(1) by the Dodd-Frank Act. | |
Agency: Securities and Exchange Commission(SEC) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: 17 CFR 270.2a-7 17 CFR 270.5b-3 17 CFR 270.6a-5 (new) 17 CFR 274.201 17 CFR 239.15A 17 CFR 274.11A 17 CFR 239.14 17 CFR 274.11a-1 17 CFR 239.17A 17 CFR 274.11b | |
Legal Authority: 15 USC 80a-6(c) 15 USC 80a-8 15 USC 80a-14(a) 15 USC 80a-29 15 USC 80a-30(a) 15 USC 80a-37 15 USC 77e 15 USC 77f 15 USC 77g 15 USC 77j 15 USC 77s(a) PL 111-203, sec 939 PL 111-203, sec 939A |
Legal Deadline:
|
||||||||||||||||||
Timetable:
|
Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: Undetermined |
Small Entities Affected: Businesses | Federalism: Undetermined |
Included in the Regulatory Plan: No | |
RIN Information URL: www.sec.gov/rules/final/2012/ic-30268.pdf | |
RIN Data Printed in the FR: Yes | |
Related RINs: Related to 3235-AK19 | |
Agency Contact: Anu Dubey Division of Investment Management Securities and Exchange Commission 100 F Street NE, Washington, DC 20549 Phone:202 551-6792 |