This PDF is the current document as it appeared on Public Inspection on 12/27/2016 at 08:45 am.
Securities and Exchange Commission.
Final rule; technical correction.
This document makes technical corrections to a rule that was published in the Federal Register on May 10, 2016 (81 FR 28689). The Commission adopted revisions to Rule 12g-1 under the Securities Exchange Act of 1934 (“Exchange Act”) in light of the statutory changes made by Title V and Title VI of the Jumpstart Our Business Startups Act and Title LXXXV of the Fixing America's Surface Transportation Act. This document is being published to correct language in that rule to more precisely reflect the holder of record threshold established by Exchange Act Section 12(g)(1).
Effective December 28, 2016.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Steven G. Hearne, Senior Special Counsel, at (202) 551-3430, Division of Corporation Finance, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549.End Further Info End Preamble Start Supplemental Information
SUPPLEMENTARY INFORMATION:Start List of Subjects
List of Subjects in 17 CFR Part 240
- Reporting and recordkeeping requirements
Text of the Amendments
For the reasons set out above, title 17, chapter II of the Code of Federal Regulations is amended as follows:Start Part
PART 240—GENERAL RULES AND REGULATIONS, SECURITIES EXCHANGE ACT OF 1934End Part Start Amendment Part
1. The general authority citation for part 240 continues to read as follows:End Amendment Part
2. Amend § 240.12g-1 by revising paragraph (b)(1) to read as follows:End Amendment Part
(b)(1) The class of equity securities was held of record by fewer than 2,000 persons and fewer than 500 of those persons were not accredited investors (as such term is defined in § 230.501(a) of this chapter, determined as of such day rather than at the time of the sale of the securities); or
Dated: December 21, 2016.
Brent J. Fields,
[FR Doc. 2016-31286 Filed 12-27-16; 8:45 am]
BILLING CODE 8011-01-P