On June 20, 2012, the Securities and Exchange Commission issued final rules to implement the provisions of Section 952 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which added Section 10C to the Securities Exchange Act of 1934.

This Client Alert provides an overview of these final rules, a timeline for future actions related to the rules, and Exequity's commentary on the rules. Finally, the Client Alert includes a summary of Section 10C by provision along with the corresponding final rules.