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SEC ReleaseNo. 34-64874 July 13, 2011 The SEC adopted interim final temporary Exchange Act Rule 15b12-1T to allow broker-dealers to continue to engage in retail foreign exchange business until July 16, 2012. In the absence of this relief, such transactions would have been prohibited pursuant to Dodd-Frank Section 742(c), which requires these transactions to be with "eligible contract participants." Please contact any of the following Cadwalader attorneys if you have any questions about this item: Steven Lofchie; [email protected] Jeffrey Robins; [email protected] Cross References