[Federal Register Volume 68, Number 61 (Monday, March 31, 2003)]
[Rules and Regulations]
[Page 15354]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-7614]


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SECURITIES AND EXCHANGE COMMISSION

17 CFR Part 240

[Release No. 34-44992A; File No. S7-26-98]
RIN 3235-AH04


Books and Records Requirements for Brokers and Dealers Under the 
Securities Exchange Act of 1934

AGENCY: Securities and Exchange Commission.

ACTION: Final rule; correction.

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SUMMARY: This document contains corrections to the amendments to the 
books and records requirements for brokers and dealers under the 
Securities Exchange Act of 1934 that were published on November 2, 
2001. The corrections contained herein redesignate two paragraphs that 
were incorrectly numbered and amend references to those two paragraphs 
to reflect that change.

EFFECTIVE DATE: May 2, 2003.

FOR FURTHER INFORMATION CONTACT: Bonnie L. Gauch, Attorney, at (202) 
942-0765, in the Division of Market Regulation, Securities and Exchange 
Commission, 450 5th Street, NW., Washington, DC 20549-1001.

SUPPLEMENTARY INFORMATION:

I. Background

    Rules 17a-3 and 17a-4 \1\ under the Securities Exchange Act of 1934 
\2\ (the ``Exchange Act'') (hereinafter the ``Books and Records 
rules''), specify minimum requirements with respect to the records that 
broker-dealers must make, and how long those records and other 
documents relating to a broker-dealer's business must be kept. The 
Securities and Exchange Commission (the ``Commission'') amended the 
Books and Records rules on October 26, 2001.\3\
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    \1\ 17 CFR 240.17a-3 and 240.17a-4.
    \2\ 17 U.S.C. 78, et al.
    \3\ Securities Exchange Act Release No. 44992, 66 FR 55818 (Nov. 
2, 2001) (the ``Adopting Release'').
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II. Need for Correction

    As published, the amendments to the Books and Records rules contain 
a rule designation which was designated by another final rule. In the 
final rules regarding the applicability of CFTC and SEC customer 
protection, recordkeeping, reporting, and bankruptcy rules and the 
Securities Investor Protection Act of 1970 to Accounts Holding Security 
Futures Products, published on Friday, September 13, 2002, new 
paragraph (f) to rule 17a-3 was adopted and became effective 
immediately upon publication. The amendments to the Books and Records 
rules erroneously also designated a new paragraph (f) of rule 17a-3.\4\ 
This correction redesignates the paragraph 17a-3(f) contained in the 
amendments to the Books and Records rules as paragraphs 17a-3(g) and 
makes other necessary changes throughout the release text and final 
rules to facilitate this change.
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    \4\ 67 FR 58284 (Sept. 13, 2002).
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III. Correction of Publication

    Accordingly, the final rule FR Doc. 01-27439 published on November 
2, 2001 (66 FR 55818), is corrected as follows:
    1. On page 55838, column 1, amenditory instruction 3.e., second 
line, revise the reference ``(f) and (g)'' to read ``(g) and (h)'';
    2. On page 55838, column 2, paragraph (12)(i), fourth line, revise 
the reference ``paragraph (g)(4)'' to read ``paragraph (h)(4)'';
    3. On page 55839, column 3, paragraphs (f) and (g) are redesignated 
as paragraphs (g) and (h).
    4. On page 55841, column 1, paragraph (k), third line, revise the 
reference ``Sec.  240.17a-3(f)'' to read ``Sec.  240.17a-3(g)'';
    5. On page 55841, column 1, paragraph (l)(1), second line, revise 
the reference ``Sec.  240.17a-3(g)(1)'' to read ``Sec.  240.17a-
3(h)(1)'';
    6. On page 55841, column 1, paragraph (l)(2), second line, revise 
the reference ``Sec.  240.17a-3(g)(2)'' to read ``Sec.  240.17a-
3(h)(2)'';
    7. On page 55841, column 1, paragraph (l)(3), third line, revise 
the reference ``Sec.  240.17a-3(g)(3)'' to read ``Sec.  240.17a-
3(h)(3)''; and
    8. On page 55841, column 2, paragraph (l)(4), beginning on line 
two, revise the reference ``Sec.  240-17a-3(g)(4)'' to read ``Sec.  
240.17a-3(h)(4)''.

    Dated: March 26, 2003.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 03-7614 Filed 3-28-03; 8:45 am]
BILLING CODE 8010-01-P