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Federal regulations · Through 2026-08-25 · Newer source version available

17 CFR 240.15b5-1: b5-1 Extension of registration for purposes of the Securities Investor Protection Act of 1970 after cancellation or revocation.

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Where this section sits in the code
  1. Title 17—Commodity and Securities Exchanges
  2. CHAPTER II—SECURITIES AND EXCHANGE COMMISSION
  3. PART 240—GENERAL RULES AND REGULATIONS, SECURITIES EXCHANGE ACT OF 1934

Commission revocation or cancellation of the registration of a broker or dealer pursuant to section 15(b) of the Act: (i) shall be effective for all purposes, except as hereinafter provided, on the date of the order of revocation or cancellation or, if such order is stayed, on the date the stay is terminated; and (ii) shall be effective six months after the date of the order of revocation or cancellation (or, if such order is stayed, the date the stay is terminated) with respect to a broker's or dealer's registration status as a member within the meaning of Section 3(a)(2) of the Securities Investor Protection Act of 1970 for purposes of the application of sections 5, 6, and 7 thereof to customer claims arising prior to the date of the order of revocation or cancellation (or, if such order is stayed, the date the stay is terminated).

Collected 2026-08-27T02:24:31Z. Source file · JSON

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