Events listed in [FR] Federal Register
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order ...
ID 24929
The U.S. Securities and Exchange Commission (SEC) published in the Federal Register (FR) its approval of proposed rule changes requested by the Financial Industry Regulatory Authority (FINRA) with respect to FINRA’s arbitration codes (FINRA Rule Collections 12000 and 13000 – for customer disputes and industry disputes, respectively). To recall, FINRA proposed various changes aimed at reducing some of the obligations related to arbitration procedures ...
Joint Industry Plan; Order Approving an Amendment to the National Market System ...
ID 24912
As previously announced (EventID 22937), the U.S. Securities and Exchange Commission, SEC, has now published in the Federal Register its final 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 schedule for CAT ...
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 ...
Provisions Common to Registered Entities
ID 24854
The Commodity Futures Trading Commission (CFTC) has launched and published in the Federal Register a consultation on proposed rule amendments to its regulations under the Commodity Exchange Act (CEA) to streamline the process by which registered entities submit self-certifications and approval requests for their rules, rule amendments, and new products for trading and clearing. The goal of these proposed amendments is to streamline (simplify) ...
Regulatory Capital Rule: Risk-Based Capital Surcharges for Global Systemically ...
ID 24801
As announced by the Board of Governors of the Federal Reserve System (FED) on July 27, 2023, the FED has now published in the Federal Register its consultation on the proposed adjustments to the calculation of the capital surcharge for the largest and most complex banks. The changes would better align the surcharge to each bank’s systemic risk profile, in particular by measuring a ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order ...
ID 24769
The U.S. Securities and Exchange Commission (SEC) published in the Federal Register an order approving proposed amendments to Rule 6220 of the Financial Industry Regulatory Authority (FINRA) in connection with the addition of a new firm, namely IntelligentCross ATS (IntelligentCross), to the list of registered and permitted alternative display facilities setting out quotes for market participants on NMS stock. Having reviewed the argumentation of ...
Swap Confirmation Requirements for Swap Execution Facilities
ID 24740
Following a corresponding announcement in July 2023 (EventID 22513), the U.S. Commodity Futures Trading Commission (CFTC) has now published in the Federal Register its consultation on proposed amendments in relation to its swap confirmation requirements of Swap Execution Facilities (SEFs). Specifically, the Commission proposes to – include new provisions under its enforceablity provision in 17 CFR Part 37 to oblige SEFs to provide to ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; ...
ID 24594
The SEC has published a proposed rule change of FINRA in the Federal Register which is intended to adopt „Supplementary Material .18 (Remote Inspections Pilot Program) under FINRA Rule 3110 (Supervision)“ as modified by Amendment No. 1, which was filed by FINRA on August 1, 2023. The purpose of the publication is to seek feedback from the public on the proposal and whether or ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order ...
ID 24593
On August 8, 2023, the U.S. Securities and Exchange Commission (SEC) published in the Federal Register (FR) its decision to approve proposed new rules requested by the Financial Industry Regulatory Authority (FINRA) as regards the reporting of order routing information for certain over-the-counter (OTC) equity securities and NMS securities (equity securities traded via the National Market System (NMS)). The changes were proposed by FINRA ...
Reporting and Information Requirements for Derivatives Clearing Organizations
ID 24591
Following the announcement of finalized regulation including revisions to various rules under Statutory Instrument 17 CFR Part 39 concerning business operation requirements of DCOs and revisions to rule § 140.94 under Statutory Instrument 17 CFR Part 140 pertaining to various registration, filing, or publication requirements of derivatives clearing organizations (DCOs) (please see EventID #22513 in this context), the Commodity Futures Trading Commission (CFTF) has ...