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SEC

RIN: 3235-AJ12

Publication ID: Spring 2007

Title: Rule 15c2-3: Point-of-Sale Disclosure of Purchases in Open-End Management Investment Company Shares, Unit Investment Trust Interests, and Municipal Fund Securities Used for Education Savings
Abstract: The Commission proposed new Rules 15c2-2 and 15c2-3 under the Exchange Act, together with accompanying Schedules 15C and 15D. The Commission also proposed related amendments to Rule 10b-10. Proposed Rules 15c2-2 and 15c2-3 and Schedules 15C and 15D would provide for improved confirmation and pre-transaction "point of sale" disclosure of distribution costs and conflicts of interest associated with transactions in mutual funds, municipal fund securities, and unit investment trusts. The amendments to Rule 10b-10 in part would reflect the new rules and would provide improved confirmation disclosure about certain callable securities. They also would clarify that the confirmation disclosure requirements do not determine broker-dealer disclosure obligations under other provisions of the law.
Agency: Securities and Exchange Commission(SEC)	Priority: Substantive, Nonsignificant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Proposed Rule Stage
Major: Undetermined	Unfunded Mandates: No
CFR Citation: 17 CFR 240.15c2-2 17 CFR 240.15c2-3 17 CFR 240.10b-10
Legal Authority: 15 USC 78j 15 USC 78k 15 USC 78o 15 USC 78q 15 USC 78w(a) 15 USC 78mm

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	02/10/2004	69 FR 6438
NPRM Comment Period End	04/12/2004
NPRM Comment Period Extended	03/04/2005	70 FR 10521
NPRM Comment Period End	04/04/2005
Second NPRM	06/00/2007

Regulatory Flexibility Analysis Required: Yes	Government Levels Affected: None
Small Entities Affected: Businesses	Federalism: No
Included in the Regulatory Plan: No
RIN Information URL: www.sec.gov/rules/proposed/33-8544.htm
Related RINs: Related to 3235-AJ11, Related to 3235-AJ13, Related to 3235-AJ14
Agency Contact: Dawn Jessen Division of Trading and Markets Securities and Exchange Commission 100 F Street NE, Washington, DC 20549 Phone:202 551-5588 Fax:202 772-9270 Email: jessend@sec.gov