General Rules and Regulations
promulgated
under the
Securities Exchange Act of 1934
Rule 15b5-1 -- Extension of Registration for Purposes of the Securities Investor Protection Act of 1970 after Cancellation or Revocation
Commission revocation or cancellation of the registration of a broker or dealer
pursuant to Section 15(b) of the Act:
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
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).
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