Regulacje i polityka gospodarcza · 26/12/2006

SEC Extends Temporary Exemption for Banks to Avoid Broker Classification

The Securities and Exchange Commission (SEC) has extended a temporary exemption allowing banks to avoid being classified as brokers under the Securities Exchange Act of 1934. This exemption, which was initially set to expire on March 11, 2023, has been extended for an additional 18 months, until September 11, 2024.