View Rule

View EO 12866 Meetings

Printer-Friendly Version Download RIN Data in XML

SEC

RIN: 3235-AJ04

Publication ID: Fall 2005

Title: Removal From Listing and Registration of Securities Pursuant to Section 12(d) of the Securities Exchange Act of 1934
Abstract: The Commission streamlined the procedures for removing from listing and from registration, securities under section 12(d) of the Securities Exchange Act of 1934 (Exchange Act). Specifically, the Commission amended Rule 12d2-2 and Form 25, so that the Commission would no longer issue an order to remove a security from listing and registration on a national securities exchange. Instead, all issuers and national securities exchanges seeking to delist and deregister a security in accordance with the rules of an exchange would file a revised Form 25 with the Commission. The Commission also amended Rule 19d-1 under the Exchange Act to require exchanges to file revised Form 25 as notice to the Commission under section 19(d) of the Exchange Act. Finally, the Commission exempted options and security futures from section 12(d) of the Exchange Act.
Agency: Securities and Exchange Commission(SEC)	Priority: Substantive, Nonsignificant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Completed Actions
Major: No	Unfunded Mandates: No
CFR Citation: 17 CFR 240.12d2-2 17 CFR 249.25 17 CFR 240.19d-1
Legal Authority: 15 USC 78C 15 USC 781 15 USC 78W(a)

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	06/22/2004	69 FR 34860
NPRM Comment Period End	07/22/2004
Final Action	07/22/2005	70 FR 42456
Final Action Effective	08/22/2005

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Federalism: No
Included in the Regulatory Plan: No
RIN Information URL: www.sec.gov/rules/final/34-51983.pdf
Agency Contact: Susie Cho Division of Trading and Markets Securities and Exchange Commission 100 F Street NE, Washington, DC 20549 Phone:202 551-5639 Fax:202 772-9275 Email: chos@sec.gov