Securities Regulatory Update Online wsb.com Library
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Comment Letters on SEC Proposed Rules

Comment Letters on SRO Proposed Rules

Legislative Update

S7-12-00
Proposal: Rel. #: File #: Comments Due: # Letters to Date:
Amendments to the electronic securities trading data system used by the SEC for investigations and trading reconstructions. 34-42741 S7-12-00 6/7/00 1

Letters Released June 12-23: Date: Position:
Securities Industry Ass'n. 6/16/00 Although it feels that it may be expensive and burdensome, the ad hoc Committee on Electronic Bluesheeting of the Securities Industry Ass'n. does not oppose the expansion of the electronic blue sheet questionnaire forms. Specifically, the committee does not oppose the new prime brokerage identifier element, the new average price account identifier, the depository institution identifiers and the proposal to provide the SEC with the contact information of an appropriate person at a broker-dealer. However, the committee has some concerns regarding the proposed requirement that broker-dealers include customers' employers' names in the electronic format, as this information may not already exist.

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