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Temporary Rule Regarding Principal Trades With Certain Advisory Clients

---
identifier: "/us/fr/E9-31420"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Temporary Rule Regarding Principal Trades With Certain Advisory Clients"
title_number: 0
title_name: "Federal Register"
section_number: "E9-31420"
section_name: "Temporary Rule Regarding Principal Trades With Certain Advisory Clients"
positive_law: false
currency: "2010-01-06"
last_updated: "2010-01-06"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Securities and Exchange Commission"
document_number: "E9-31420"
document_type: "rule"
publication_date: "2010-01-06"
agencies:
  - "Securities and Exchange Commission"
cfr_references:
  - "17 CFR Part 275"
rin: "3235-AJ96"
fr_citation: "75 FR 742"
fr_volume: 75
docket_ids:
  - "Release No. IA-2965A"
  - "File No. S7-23-07"
effective_date: "2009-12-31"
fr_action: "Final rule; correction."
---

#  Temporary Rule Regarding Principal Trades With Certain Advisory Clients

**AGENCY:**

Securities and Exchange Commission.

**ACTION:**

Final rule; correction.

**SUMMARY:**

On December 30, 2009, the Securities and Exchange Commission published a *Federal Register* document adopting as final Rule 206(3)-3T under the Investment Advisers Act of 1940, the interim final temporary rule that establishes an alternative means for investment advisers who are registered with the Commission as broker-dealers to meet the requirements of Section 206(3) of the Investment Advisers Act when they act in a principal capacity in transactions with certain of their advisory clients. As adopted, the only change to the rule was the expiration date in paragraph (d) of the section. Rule 206(3)-3T will sunset on December 31, 2010. This document makes a correction to that document.

**DATES:**

Effective December 31, 2009. The *DATES* section for FR Doc. 2009-30877, published on December 30, 2009 (74 FR 69009) is corrected to read “ *DATES:* The amendments in this document are effective December 30, 2009 and the expiration date for 17 CFR 275.206(3)-3T is extended to December 31, 2010”.

**FOR FURTHER INFORMATION CONTACT:**

Sarah A. Bessin, Assistant Director, Daniel S. Kahl, Branch Chief, or Matthew N. Goldin, Senior Counsel, at (202) 551-6787 or *[email protected]* , Office of Investment Adviser Regulation, Division of Investment Management, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549-5041.

**SUPPLEMENTARY INFORMATION:**

The Securities and Exchange Commission is correcting the *DATES* section for FR Doc. 2009-30877, published on December 30, 2009 (74 FR 69009), to read “ *DATES:* The amendments in this document are effective December 20, 2009 and the expiration date for 17 CFR 275.206(3)-3T is extended to December 31, 2010.”

By the Commission.

Dated: December 31, 2009.

Elizabeth M. Murphy,

Secretary.