SEC Staff Provides Relief From Rule 15c2-11 Public Financial Statement Disclosure Through Jan. 5, 2025
By EsqSocial Corporation 08/12/22
On Sept. 16, 2020, the Securities and Exchange Commission (SEC) adopted amended Rule 15c2-11 (the Amended Rule) under the Securities Exchange Act of 1934, as amended (the Exchange Act). The Amended Rule, most of which became effective on Sept. 28, 2021, among other things, prohibits brokers and dealers from providing price quotations for debt securities (including debt securities distributed under Rule 144A under the Securities Act of 1933, as amended (the Securities Act)), unless the issuer of...
By: Kramer Levin Naftalis & Frankel LLP