Events listed in Securities Exchange Act of 1934
Proposed Agency Information Collection Activities; Comment Request (FED proposes to ...
ID 24887
The Board of Governors of the Federal Reserve System (FED) published in the Federal Register its proposal to extend for three years, with revisions, the recordkeeping and disclosure requirements associated with „Regulation R“ which provides exceptions for certain activities conducted by banks from being classified as „broker“ activities under the Securities Exchange Act of 1934. These requirements include, but are not limited to the ...
Amended Order Directing the Exchanges and the Financial Industry Regulatory ...
ID 24857
As previously announced by the Securities and Exchange Commission (SEC) (EventID 22867), the Commission has now published in the Federal Register (FR) its order to direct authorized exchanges and FINRA to create a new national market system plan (NMS plan) in accordance with the order to replace three existing plans governing the dissemination of real-time consolidated equity market data. This move follows concerns about ...
SEC Approves Funding Amendment to National Market System Plan Governing the ...
ID 24842
The U.S. Securities and Exchange Commission, SEC, recently issued a press statement in which it announces the approval of an amendment to the National Market System (NMS) Plan for the Consolidated Audit Trail (CAT), introducing a new funding model called the „Executed Share Model“ to recover the costs for maintaining the CAT system. This model establishes a fee schedule for CAT fees for self-regulatory ...
SEC Directs Equity Exchanges and FINRA to Improve Governance of Market Data Plans
ID 24804
The Securities and Exchange Commission (SEC) has published a press statement in which it informs of an upcoming order to direct specified authorized exchanges and FINRA, the Financial Industry Regulatory Authority, to resubmit a new national market system plan (NMS plan) to replace three existing plans governing the dissemination of real-time consolidated equity market data for national market system stocks. This directive comes as ...
SEC Adopts Amendments to Exemption From National Securities Association Membership
ID 24708
Following a public consultation in July 2022 on modifications to 17 CFR Part 240, § 240.15b9-1 under the Securities Exchange Act of 1934 on registration requirements of broker-dealers with the Financial Industry Regulatory Authority (FINRA) and exemption therefrom, the U.S. Securities and Exchange Commission (SEC) has now published its final rule in this context. Therein, the SEC briefly summarizes the responses it has received ...
Uniform request for broker-dealer withdrawal (PDF)
ID 24651
The document provided by the SEC is a new „Uniform Request for Withdrawal from Broker-Dealer Registration“ with the Central Registration Depository (CRD) so it is necessary to check with other bodies in case they require a different form. The form must be fully completed and even fields, which are not relevant should be marked with „N/A“. The original copy of the form with signatures ...
SEC Proposes New Requirements to Address Risks to Investors From Conflicts of ...
ID 24409
In view of rapid technology advancements and the deployment of such by financial market participants, the U.S. Securities and Exchange Commission (SEC) has published a press statement to announce an upcoming consultation in connection with the use of Predictive Data Analytics (PDA) by broker-dealers and investment advisers. Specifically, the **SEC seeks to establish separate rules concerning the monitoring, mitigation, and prevention of conflicts of ...
Proposed Collection; Comment Request: Rule 15c6-2 (SEC seeks comments on ...
ID 24363
In relation to its new rule to shorten the settlement cycle for securities transactions from two business days to one from May 28, 2024 (please see Event ID19797 for more information) , the SEC has now published in the Federal Register its „consultation“ on related „collection“ requirements, including policy creation, maintenance, or (other) recordkeeping obligations of covered firms as briefly discussed below. To recall, ...
Information required of institutional investment managers pursuant to Section 13(f) ...
ID 24260
The U.S. Securities and Exchange Commission (SEC) has published Form 13F – Information Required of Institutional Investment Managers Pursuant To Section 13(F) of the Securities Exchange Act of 1934 and rules thereunder which will be valid through September 30, 2025 unless otherwise modified before, following the approval of the Office of Management and Budget (OMB) for extension. The form must be filed quarterly with ...
SEC Proposes Rule Amendments to the Broker-Dealer Customer Protection Rule
ID 24178
The U.S. Securities and Exchange Commission, SEC, has published a press release to announce an upcoming consultation on proposed changes to 17 CFR Part 240, § 240.15c3-3, also known as the „Broker-Dealer Customer Protection Rule“ to enhance customer protection in case of the failure of a broker-dealer and to better align customer fund custody requirements with today’s modern and fast cash flow options. Specifically, ...