Policy Statement

MASSACHUSETTS SECURITIES DIVISION POLICY STATEMENT REGARDING THE FILING OF ANNUAL FINANCIAL REPORTS BY BROKER-DEALERS

February 27, 2009

The Financial Reporting and Notification Requirements of 950 CMR ยง 12.203 (4)(a) no longer require that a copy of the report required by SEC Rule 17a-5(d) (17 CFR 240.17a-5(d) be filed with the Division.