{"abstract":"In light of the provisions of Section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act, we are adopting amendments to replace rule and form requirements under the Securities Act of 1933 and the Securities Exchange Act of 1934 for securities offering or issuer disclosure rules that rely on, or make special accommodations for, security ratings (for example, Forms S-3 and F-3 eligibility criteria) with alternative requirements.","action":"Final rule.","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2011/08/03/2011-19421.html","cfr_references":[{"chapter":null,"citation_url":null,"part":200,"title":17},{"chapter":null,"citation_url":null,"part":229,"title":17},{"chapter":null,"citation_url":null,"part":230,"title":17},{"chapter":null,"citation_url":null,"part":232,"title":17},{"chapter":null,"citation_url":null,"part":239,"title":17},{"chapter":null,"citation_url":null,"part":240,"title":17},{"chapter":null,"citation_url":null,"part":249,"title":17}],"citation":"76 FR 46603","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: This rule is effective September 2, 2011 except for the following amendments, which are effective December 31, 2012:","disposition_notes":null,"docket_ids":["Release No. 33-9245","34-64975","File No. S7-18-08"],"dockets":[],"document_number":"2011-19421","effective_on":"2011-09-02","end_page":46621,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2011/08/03/2011-19421.xml","html_url":"https://www.federalregister.gov/documents/2011/08/03/2011-19421/security-ratings","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2011-19421?publication_date=2011-08-03","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2011-08-03/2011-19421/mods.xml","not_received_for_publication":null,"page_length":19,"page_views":{"count":514,"last_updated":"2026-07-28 02:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2011-08-03/pdf/2011-19421.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"2011-08-03","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2011/08/03/2011-19421.txt","regulation_id_number_info":{"3235-AK18":{"issue":"201104","html_url":"https://www.federalregister.gov/regulations/3235-AK18/security-ratings","title":"Security Ratings","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201104&RIN=3235-AK18&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3235-AK18"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-08-23T08:05:57Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":46603,"subtype":null,"title":"Security Ratings","toc_doc":"Security Ratings","toc_subject":null,"topics":["Reporting and recordkeeping requirements","Securities"],"type":"Rule","volume":76}