On September 24th, the SEC published interpretive guidance clarifying the application of certain SEC rules, regulations, releases, and staff bulletins in light of the authority granted to the PCAOB in the Dodd-Frank Act to establish auditing, attestation, and related professional practice standards governing the preparation and issuance of audit reports to be included in broker and dealer filings with the SEC. The guidance is effective October 1, 2010. SEC Release No. 34-62991.