Events listed in FINRA Rules
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; ...
ID 26558
The U.S. Securities and Exchange Commission, SEC, has published a statement in the Federal Register to inform that it will take more time „to determine whether to approve or disapprove“ a proposed rule change by the Financial Industry Regulatory Authority, FINRA, as regards the dissemination of „On-the-Run Nominal Coupon“ securities transaction data and the adoption of a corresponding pricing policy. Specifically, FINRA has filed ...
Regulatory Notice 23-21
ID 26520
On December 22, 2023, the Financial Industry Regulatory Authority (FINRA) issued new Regulatory Notice 23-21 in relation to broker-dealers‘ obligations under – SEA Rule 15c3-1 on net capital requirements of brokers or dealers; – SEC Rule 17a-3 on recordkeeping requirements of certain exchange members, brokers, and dealers as regards account and book records, securities transactions, and various other activities; and – SEC Rule 17a-5 ...
Report From FINRA Board of Governors Meeting – December 2023
ID 26307
The Financial Industry Regulatory Authority (FINRA) has published a news release to briefly inform of the results of its latest Board of Governors meeting. While most information appears to be rather non-relevant, there are two decisions of the Board we would like to make aware of simply to stay up-to-date. Specifically, the Board will submit to the Securities and Exchange Commission (SEC) for approval ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; ...
ID 26163
The Securities and Exchange Commission (SEC) published in the Federal Register (requested) rule changes of the Financial Industry Regulatory Authority (FINRA) for public comment. As described in the Federal Register, FINRA proposes (proposed) to amend numerous rules to make conforming adjustments in relation to the SEC’s final regulation to shorten the standard settlement cycle for most broker-dealer securities transactions from two business days (T+2) ...
Regulatory Notice 23-20
ID 26090
The Financial Industry Regulatory Authority (FINRA) has issued a new Regulatory Notice (23-20) to inform of available resources and guidance for broker-dealers and investment advisers in complying with the Securities and Exchange Commission’s Regulation Best Interest (Reg BI) which requires broker-dealers to act in the best interest of their clients when recommending any particular investments or investment strategies. Specifically, under Reg BI, broker-dealers are ...
SR-FINRA-2023-017
ID 26003
On November 29, 2023, the Financial Industry Regulatory Authority, FINRA, announced on its website that **it has filed with the Securities and Exchange Commission (SEC) proposed rule changes for immediate effectiveness to make conforming adjustments to its rules in relation to the SEC’s final regulation (EventID 19797) to shorten the standard settlement cycle for most broker-dealer securities transactions from two business days (T+2) to ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order ...
ID 25931
On November 24, 2023, the U.S. Securities and Exchange Commission (SEC) published in the Federal Register (FR) its decision to approve proposed rule change requested by the Financial Industry Regulatory Authority (FINRA) as regards the adoption of „Supplementary Material .18 (Remote Inspections Pilot Program) under FINRA Rule 3110 (Supervision)“ as modified by Amendment No. 1. Specifically, the aim of the „Supplementary Material .18“ was/is ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; ...
ID 25927
The U.S. Securities and Exchange Commission (SEC) has published in the Federal Register an order in relation to a „proposed“ rule amendment of the Financial Industry Regulatory Authority (FINRA) – as modified by amendment No. 1 and 2 – concerning the inspection of residential locations used for business purposes by associated persons of FINRA member firms. In this order, **the SEC confirms that it ...
Information Notice 11/20/23
ID 25874
The Financial Industry Regulatory Authority (FINRA) has published an information notice to remind member firms that – due to the early closing of the US option exchanges on Friday, November 24, 2023, the day following Thanksgiving – **holders of options expiring that day must make their final decision as to whether or not they intend to exercise their options by 2:30 p.m. Eastern Time ...
SR-FINRA-2023-016
ID 25801
On November 14, 2023, the **Financial Industry Regulatory Authority (FINRA) announced on its website an upcoming consultation on proposed amendments to FINRA Rule 2210 relating to „communications“ (e.g. sales literature or research reports) to enable FINRA member firms to include projected performance and targeted returns in institutional communications (communications to institutional investors) and communications exclusively distributed to qualified purchasers ( ...