Client Alert
The Securities and Exchange Commission recently adopted amendments to the broker-dealer net capital rule, customer protection rule and related rules under the Securities Exchange Act of 1934. These rules include Rules 15c3-1, 15c3-3, 17a-3 and 17a-4, and 17a-11. The amended rules will be effective 60 days after publication in the Federal Register, which has not yet occurred as of the date of this Client Alert.