What's New in the Division of Corporation Finance
July 2010

Compliance and Disclosure Interpretations

• Securities Act Rules (UPDATED 07/27/10)
  • Section 198. Rule 401 — Requirements as to Proper Form
    • Revised Question 198.08
  • Section 223. Rule 436 — Consents Required in Special Cases
    • Revised Question 233.04
    • Revised Question 233.05
    • Revised Question 233.06
    • Revised Question 233.07
    • Revised Question 233.08

• Securities Act Rules (UPDATED 07/23/10)
  • Section 179. Rule 215 – Accredited Investor
    • New Question 179.01
  • Section 255. Rule 501 — Definitions and Terms Used in Regulation D
    • New Question 255.47

• Securities Act Rules (UPDATED 07/22/10)
  • Section 198. Rule 401 — Requirements as to Proper Form
    • New Question 198.08
  • Section 223. Rule 436 — Consents Required in Special Cases
    • New Question 233.04
    • New Question 233.05
    • New Question 233.06
    • New Question 233.07
    • New Question 233.08
  • Section 255. Rule 501 — Definitions and Terms Used in Regulation D
    • Withdrawn Question 255.13

No-Action, Interpretive and Exemptive Letters

• Computershare Trust Company, N.A., July 26, 2010
   
• Goldman Sachs Group, Inc., July 23, 2010
   
• Ford Motor Credit Company LLC, July 22, 2010
   
• Greenville Federal Financial Corporation, July 13, 2010
   
• Federal Deposit Insurance Corporation, July 12, 2010
   
• ICON Cash Flow Partners L.P. Seven Liquidating Trust, July 9, 2010

Accounting and Financial Reporting

• Division of Corporation Finance Financial Reporting Manual (UPDATED 7/7/10) Updated for: issues related to Regulation S-X Rule 3-01, Rule 3-05, and Article 11, as well as general partner financial statements and other changes.