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SEC RIN: 3235-AH48 Publication ID: Fall 1999 
Title: Purchases of Certain Equity Securities by the Issuer and Others 
Abstract: In response to a petition for rulemaking filed by the New York Stock Exchange Inc., the Commission proposed to modify the timing condition in current Rule 10b-18 to extend the manipulation safe harbor to issuer bids for and purchase of its common stock: (1) that are effected either (i) from the reopening of trading until the close of trading following, and on the same day as, a market-wide trading suspension, or (ii) at the next day's opening, if the market-wide trading suspension is in effect at the scheduled close of trading; and (2) that comply with the manner, pricing and volume conditions in Rule 10b-18. 
Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 17 CFR 240.10b-18   
Legal Authority: 15 USC 78i(a)(2)    15 USC 78j(b)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  11/06/1998  63 FR 59911   
NPRM Comment Period End  12/07/1998    
Final Action  09/23/1999  64 FR 52428   
Final Action Effective  10/29/1999    
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses 
Included in the Regulatory Plan: No 
Agency Contact:
Joan Collopy
Division of Trading and Markets
Securities and Exchange Commission
100 F Street NE,
Washington, DC 20549
Phone:202 551-5743