[Federal Register Volume 69, Number 29 (Thursday, February 12, 2004)]
[Notices]
[Page 7062]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-3025]



[[Page 7062]]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-48407A; File No. SR-NASD-00-08]


Self-Regulatory Organizations; Order Approving Proposed Rule 
Change and Notice of Filing and Order Granting Accelerated Approval of 
Amendment Nos. 1 and 2 by the National Association of Securities 
Dealers, Inc. Relating to Margin Requirements; Correction

February 5, 2004.
    Release No. 34-48407 (the ``Release''), issued on August 25, 2003, 
and published in the Federal Register on September 2, 2003,\1\ 
contained an error in Part IV.\2\ Specifically, Part IV of the Release 
stated that ``the definition of exempt account is limited to certain 
regulated entities as well as to persons with net worth of at least $40 
million and financial assets of at least $45 million'' and that met 
other specified requirements. The financial requirement for exempt 
accounts was stated incorrectly and should indicate that an ``exempt 
account'' includes any person that has net worth of at least $45 
million and financial assets of at least $40 million. Accordingly, Part 
IV of the Release should be revised to state that ``the definition of 
exempt account is limited to certain regulated entities as well as to 
persons with net worth of at least $45 million and financial assets of 
at least $40 million'' and that meets the other requirements for exempt 
accounts specified in the Release.

    \1\ See 68 FR 52259.
    \2\ See 68 FR 51314, 51315 and 51316.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\3\
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    \3\ 17 CFR 200.30-3(a)(12).
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Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 04-3025 Filed 2-11-04; 8:45 am]
BILLING CODE 8010-01-P