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SEC RIN: 3235-AK53 Publication ID: Spring 2011 
Title: Risk Management Controls for Brokers or Dealers With Market Access 
Abstract: The Commission adopted a new rule requiring brokers or dealers with access to trading directly on an exchange or alternative trading system, including those providing sponsored or direct market access to customers or other persons, to implement risk management controls and supervisory procedures reasonably designed to manage the financial, regulatory, and other risks of this business activity. 
Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: Yes  Unfunded Mandates: No 
CFR Citation: 17 CFR 240.15c3-5   
Legal Authority: 15 USC 78b    15 USC 78c(b)    15 USC 78k-1    15 USC 78o    15 USC 78q(a) and (b)    15 USC 78w(a)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  01/26/2010  75 FR 4007   
NPRM Comment Period End  03/29/2010    
Final Action  11/15/2010  75 FR 69792   
Final Action Effective  01/14/2011    
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/final/2010/34-63241.pdf  
RIN Data Printed in the FR: Yes 
Agency Contact:
Theodore Venuti
Division of Trading and Markets
Securities and Exchange Commission
100 F Street NE,
Washington, DC 20549
Phone:202 551-5658
Fax:202 772-9274
Email: venutit@sec.gov