United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2003_register executive 2010-09-23 article Part II Rules and Regulations D09002ee1c816e93b D09002ee1c816eaef United States Securities and Exchange Commission originator org United States Government Agency or Subagency We are adopting amendments to Rule 10b-18 under the Securities Exchange Act of 1934 (Exchange Act), which provides issuers with a "safe harbor" from liability for manipulation when they repurchase their common stock in the market in accordance with the Rule's manner, timing, price, and volume conditions. The amendments are intended to simplify and update the safe harbor provisions in light of market developments since the Rule's adoption. To enhance the transparency of issuer repurchases, we also are adopting amendments to a number of regulations and forms to require disclosure of all issuer repurchases (open market and private transactions), regardless of whether the repurchases are effected in accordance with the safe harbor rule. 68 FR 64952 https://www.govinfo.gov/app/details/FR-2003-11-17/03-28593 03-28593 fr17no03-11 RIN 3235-AH37 8010-01-P Release Nos. 33-8335 34-48766 IC-26252 File No. S7-50-02 https://www.govinfo.gov/app/details/FR-2003-11-17/03-28593 https://www.govinfo.gov/content/pkg/FR-2003-11-17/html/03-28593.htm https://www.govinfo.gov/content/pkg/FR-2003-11-17/pdf/03-28593.pdf Reporting and Record Keeping Requirements Securities Small Businesses Brokers Dealers Issuers Investment Companies 25 p. 64952 64976 68 FR 64952 Title 17 Part 228 17 CFR Part 228 Title 17 Part 229 17 CFR Part 229 Title 17 Part 240 17 CFR Part 240 Title 17 Part 249 17 CFR Part 249 Title 17 Part 270 17 CFR Part 270 Title 17 Part 274 17 CFR Part 274 RIN 3235-AH37 Purchases of Certain Equity Securities by the Issuer and Others; Federal Register Vol. 68, Issue RULE 03-28593 II SECURITIES AND EXCHANGE COMMISSION 2003-12-17 Release Nos. 33-8335 34-48766 IC-26252 File No. S7-50-02 8010-01-P 03-28593 Final rule.

We are adopting amendments to Rule 10b-18 under the Securities Exchange Act of 1934 (Exchange Act), which provides issuers with a "safe harbor" from liability for manipulation when they repurchase their common stock in the market in accordance with the Rule's manner, timing, price, and volume conditions. The amendments are intended to simplify and update the safe harbor provisions in light of market developments since the Rule's adoption. To enhance the transparency of issuer repurchases, we also are adopting amendments to a number of regulations and forms to require disclosure of all issuer repurchases (open market and private transactions), regardless of whether the repurchases are effected in accordance with the safe harbor rule.

Effective Date: December 17, 2003, except Sec. Sec. 270.23c- 1(a)(11) and 274.201 are effective July 15, 2004. James Brigagliano, Assistant Director, Joan Collopy, Special Counsel, or Elizabeth Sandoe, Special Counsel, Office of Risk Management and Control, Division of Market Regulation, at (202) 942-0772, or, with respect to the disclosure amendments, Sean Harrison, Special Counsel, Office of Rulemaking, Division of Corporation Finance, at (202) 942-2900, or, John Faust, Attorney Adviser, Office of Disclosure Regulation, Division of Investment Management, at (202) 942-0721, at the Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549. Reporting and Record Keeping Requirements Securities Small Businesses Brokers Dealers Issuers Investment Companies Securities: Issuer repurchases; safe harbor provisions, http://www.sec.gov Quotesmith.com Vol. 68, no. 221 Office of the Federal Register, National Archives and Records Administration 2003-11-17 continuing daily deposited born digital 192 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2003-11-17 P0b002ee1809cfb8e 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr17no03 https://www.govinfo.gov/app/details/FR-2003-11-17 https://www.govinfo.gov/content/pkg/FR-2003-11-17/pdf/FR-2003-11-17.pdf https://www.govinfo.gov/content/pkg/FR-2003-11-17/xml/FR-2003-11-17.xml fdlp 64799 64976 DGPO 2010-09-23 2024-06-07 FR-2003-11-17 machine generated eng FR FR-2003-11-17 68 221