Schedule A to the FINRA Sanction Guidelines


Violations that Generally are not Subject to Censure When Monetary Sanctions of $5,000 or Less are Imposed

 

Quality of Markets Violations

  • ACT Violations—Rule 6100 Series
  • Backing Away
  • Best Execution and Interpositioning
  • Confirmation of Transactions (SEC Rule 10b-10)
  • ECN Display Rule
  • Failure to Display Minimum Size in Nasdaq® Securities, CQS Securities, and OTC Bulletin Board® Securities
  • Fixed Income Pricing SystemSM—Trade Reporting and Participant and Quotation Obligations
  • Limit Order Display Rule
  • Limit Order Protection Rule
  • Locked/Crossed Market
  • Options Exercise and Positions Limits
  • Options Positions Reporting—Late Reporting and Failing to Report
  • Order Audit Trail System (NASD Rules 6950-6957)
  • Passive Market Making
  • Prohibition on Transactions, Publication of Quotations, or Publication of Indications of Interest During a Trading Halt
  • SelectNetSM Text Messages
  • Short Sale Violations
  • SOESSM Rules
  • Trade or Move Rule—NASD Rule 4613(b)(2)
  • Trade Reporting—Late Reporting; Failing to Report; Inaccurate Reporting
  • 1% Rule - SEC Rule 11Ac1-1(c)(1)

Qualification and Membership Violations

  • Continuing Education—Firm Element
  • Continuing Education—Regulatory Element
  • Registration Violations

Reporting/Provision of Information Violations

  • FOCUS Reports—Late Filing
  • Form BD-Y2K Reports—Late Filing
  • Forms U-4/U-5—Late Filing; Failing to File; Filing Inaccurate Forms or Amendments
  • MSRB Rule G-36—Untimely Filing of Offering Documents With MSRB; Late Filing; Failing to File
  • Reportable Events Under Conduct Rule 3070—Late Reporting; Failing to Report; Filing Inaccurate Reports
  • MSRB Rule G-37/G-38 Reporting—Late Filing; Failing to File
  • Regulation M Reports—Late Filing; Failing to File
  • Request for Automated Transmission of Trading Data (Blue Sheets)—Failure to Respond in a Timely and Accurate Manner

Financial and Operational Practices Violations

  • Customer Protection Rule violations
  • Net Capital violations
  • Recordkeeping violations
  • Violations of SEC Rule 17a-11 (Notification Provisions for Broker/Dealers) Supervision Violations
  • Supervisory Procedures—Deficient Written Supervisory Procedures

Additionally, censures generally will not be imposed for violations disposed of under the Minor Rule Violation Plan pursuant to NASD Rule 9216(b) and IM-9216.