Page:United States Statutes at Large Volume 124.djvu/1979

 124 STAT. 1953 PUBLIC LAW 111–203—JULY 21, 2010 ‘‘(4) ANNUAL ADJUSTMENT.—For each fiscal year, the Commission shall by order adjust the rate required by para- graph (3) for such fiscal year to a rate that is equal to the rate (expressed in dollars per million) that is applicable under section 6(b) of the Securities Act of 1933 for such fiscal year. ‘‘(5) FEE COLLECTIONS.—Fees collected pursuant to this sub- section for fiscal year 2012 and each fiscal year thereafter shall be deposited and credited as general revenue of the Treasury and shall not be available for obligation. ‘‘(6) EFFECTIVE DATE; PUBLICATION.—In exercising its authority under this subsection, the Commission shall not be required to comply with the provisions of section 553 of title 5, United States Code. An adjusted rate prescribed under para- graph (4) shall be published and take effect in accordance with section 6(b) of the Securities Act of 1933 (15 U.S.C. 77f(b)).’’; and (D) by striking paragraphs (8), (9), and (10). (3) SECTION 14(g) OF THE SECURITIES EXCHANGE ACT OF 1934.—Section 14(g) of the Securities Exchange Act of 1934 (15 U.S.C. 78n(g)) is amended— (A) in paragraph (1), by striking ‘‘paragraphs (5) and (6)’’ each time that term appears and inserting ‘‘paragraph (4)’’; (B) in paragraph (3), by striking ‘‘paragraphs (5) and (6)’’ and inserting ‘‘paragraph (4)’’; (C) by striking paragraphs (4), (5), and (6); (D) by inserting after paragraph (3) the following: ‘‘(4) ANNUAL ADJUSTMENT.—For each fiscal year, the Commission shall by order adjust the rate required by para- graphs (1) and (3) for such fiscal year to a rate that is equal to the rate (expressed in dollars per million) that is applicable under section 6(b) of the Securities Act of 1933 (15 U.S.C. 77f(b)) for such fiscal year. ‘‘(5) FEE COLLECTION.—Fees collected pursuant to this sub- section for fiscal year 2012 and each fiscal year thereafter shall be deposited and credited as general revenue of the Treasury and shall not be available for obligation. ‘‘(6) REVIEW; EFFECTIVE DATE; PUBLICATION.—In exercising its authority under this subsection, the Commission shall not be required to comply with the provisions of section 553 of title 5, United States Code. An adjusted rate prescribed under paragraph (4) shall be published and take effect in accordance with section 6(b) of the Securities Act of 1933 (15 U.S.C. 77f(b)).’’; (E) by striking paragraphs (8), (9), and (10); and (F) by redesignating paragraph (11) as paragraph (8). (4) EFFECTIVE DATE.—The amendments made by this sub- section shall take effect on October 1, 2011, except that for fiscal year 2012, the Commission shall publish the rate estab- lished under section 6(b) of the Securities Act of 1933 (15 U.S.C. 77f(b)), as amended by this Act, on August 31, 2011. (c) AUTHORIZATION OF APPROPRIATIONS.—Section 35 of the Secu- rities Exchange Act of 1934 (15 U.S.C. 78kk) is amended to read as follows: Publication. 15 USC 77f note. Order.