Page:United States Statutes at Large Volume 124.djvu/1960

124 STAT. 1934 PUBLIC LAW 111–203—JULY 21, 2010 or until such broker or dealer has become a member of a national securities exchange, if such broker or dealer effects transactions solely on that exchange, unless the Commission has exempted such broker or dealer, by rule or order, from such membership.’’; (6) in section 15C(a)(2) (15 U.S.C. 78o–5(a)(2))— (A) by redesignating clauses (i) and (ii) as subpara- graphs (A) and (B), respectively, and adjusting the subpara- graph margins accordingly; (B) in subparagraph (B), as so redesignated, by striking ‘‘The order granting’’ and all that follows through ‘‘from such membership.’’; and (C) in the matter following subparagraph (B), as so redesignated, by inserting after the first sentence the fol- lowing: ‘‘The order granting registration shall not be effec- tive until such government securities broker or government securities dealer has become a member of a national securi- ties exchange registered under section 6 of this title, or a securities association registered under section 15A of this title, unless the Commission has exempted such government securities broker or government securities dealer, by rule or order, from such membership.’’; (7) in section 17(b)(1)(B) (15 U.S.C. 78q(b)(1)(B)), by striking ‘‘15A(k) gives’’ and inserting ‘‘15A(k), give’’; and (8) in section 21C(c)(2) (15 U.S.C. 78u–3(c)(2)), by striking ‘‘paragraph (1) subsection’’ and inserting ‘‘Paragraph (1)’’. (c) TRUST INDENTURE ACT OF 1939.—The Trust Indenture Act of 1939 (15 U.S.C. 77aaa et seq.) is amended— (1) in section 304(b) (15 U.S.C. 77ddd(b)), by striking ‘‘sec- tion 2 of such Act’’ and inserting ‘‘section 2(a) of such Act’’; and (2) in section 317(a)(1) (15 U.S.C. 77qqq(a)(1)), by striking ‘‘, in the’’ and inserting ‘‘in the’’. (d) INVESTMENT COMPANY ACT OF 1940.—The Investment Com- pany Act of 1940 (15 U.S.C. 80a–1 et seq.) is amended— (1) in section 2(a)(19) (15 U.S.C. 80a–2(a)(19)), in the matter following subparagraph (B)(vii)— (A) by striking ‘‘clause (vi)’’ each place that term appears and inserting ‘‘clause (vii)’’; and (B) in each of subparagraphs (A)(vi) and (B)(vi), by adding ‘‘and’’ at the end of subclause (III); (2) in section 9(b)(4)(B) (15 U.S.C. 80a–9(b)(4)(B)), by adding ‘‘or’’ after the semicolon at the end; (3) in section 12(d)(1)(J) (15 U.S.C. 80a–12(d)(1)(J)), by striking ‘‘any provision of this subsection’’ and inserting ‘‘any provision of this paragraph’’; (4) in section 17(f) (15 U.S.C. 80a–17(f))— (A) in paragraph (4), by striking ‘‘No such member’’ and inserting ‘‘No member of a national securities exchange’’; and (B) in paragraph (6), by striking ‘‘company may serve’’ and inserting ‘‘company, may serve’’; and (5) in section 61(a)(3)(B)(iii) (15 U.S.C. 80a– 60(a)(3)(B)(iii))— (A) by striking ‘‘paragraph (1) of section 205’’ and inserting ‘‘section 205(a)(1)’’; and