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Chiahua Pan Morrison & Foerster LLP

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SEC agrees to 2-year stay of Rule 151A *

USA - December 17 2009
On December 8, 2009, the Securities and Exchange Commission (the “SEC”) stated in a filing with the U.S. Court of Appeals for the District of Columbia Circuit (the “Court”) that it agreed to stay of the effective date of Rule 151A for “two years after completion of all proceedings on remand, to run from publication of a retained or reissued Rule 151A in the Federal Register.”

Co-authors: Anna T. Pinedo, Melissa D. Beck.