What is the SEC 15a-6?
Rule 15a-6 provides conditional exemptions from registration under the Exchange Act that permit non-US broker-dealers to engage in certain activities in the United States, and/or with US persons without having to register with the SEC.
What is a chaperoning broker-dealer?
2 For purposes of these FAQs, the term “chaperoning broker-dealer” means a registered broker-dealer that satisfies all of the requirements set forth in Rule 15a-6(a)(3)(iii) including, among other things, effecting transactions, issuing confirmations, maintaining books and records, participating in oral communications.
How do I find SEC no action letters?
You can find a compilation of Staff No Action, Interpretive, and Exemptive Letters from the Divisions of Corporation Finance, Investment Management, and Trading and Markets, and the Office of the Chief Accountant in the “Staff Interpretations” section of our website.
What is regulation AC?
Regulation AC of the Securities Act requires that brokers, dealers, and certain persons associated with a broker or dealer include in research reports certifications by research analysts that the views expressed in the report accurately reflect their personal view, and disclose whether or not the analysts received …
In which formats may retail communications be delivered according to FINRA Rule 2210?
A sales script used in a seminar is considered a retail communication under FINRA Rule 2210 (assuming the script is used with more than 25 retail investors within a 30 calendar-day period).
Does correspondence have to be filed with FINRA?
Correspondence and institutional communications are not subject to any filing requirement with FINRA.
Are SEC comment letters public?
Remember that comments become public—Comments become part of the public domain once submitted and resolved. Comments and the related responses are posted to the SEC’s website no earlier than 20 days after the review is completed or the registration statement is declared effective.