Response to Notification of Termination of Exemptive Relief Issued Pursuant to Regulation 30.10

Commission regulation 30.10 provides a process by which persons located outside the U.S. and subject to a comparable regulatory structure in the jurisdiction in which they are located to seek an exemption from certain of the requirements under Part 30 of the Commission’s regulations. On June 25, 2019, the Commission proposed to amend regulation 30.10 to codify the process by which the Commission may terminate such exemptive relief after appropriate notice and opportunity to respond. Specifically, proposed regulation 30.10(c)(3) provides any party affected by the Commission’s determination to terminate relief with the opportunity to respond to the notification in writing no later than 30 business days following the receipt of the notification, or at such time as the Commission permits in writing. The information to be collected will be used by Commission staff to evaluate whether exemptive relief issued pursuant to regulation 30.10 remains warranted. The Commission believes that the information collection obligations imposed by the proposed amendments to regulation 30.10 are essential to the ongoing evaluation of the effectiveness of its program for regulatory deference.

The latest form for Response to Notification of Termination of Exemptive Relief Issued Pursuant to Regulation 30.10 expires 2023-04-30 and can be found here.