MSRB NOTICE 2008-01 (JANUARY 2, 2008)

REMINDER OF EXTENSION OF THREE-HOUR EXCEPTION

The MSRB reminds dealers that amendments to Rule G-14, Reports of Sales or Purchases, to extend the expiration of the “three-hour exception” became effective on December 31, 2007.[1]  The amendment extends the expiration date of the “three-hour exception” to the fifteen-minute reporting deadline for certain when, as and if issued transactions under Rule G-14 RTRS Procedures, paragraph (a)(ii)(C), from December 31, 2007 to June 30, 2008.[2]

Questions about this notice may be directed to Justin R. Pica, Uniform Practice Policy Advisor, at 703-797-6716, or Sara K. Pranio, Uniform Practice Assistant, at 703-797-6714.

January 2, 2008



[2] See SEC Release No. 34-57002 (December 20, 2007).