Information Notice 12/15/11

2012 Holiday Trade Date, Settlement Date and Margin Extensions Schedule

Executive Summary

FINRA is providing the following schedule to assist member firms and reduce the number of Federal Reserve Board Regulation T and Securities Exchange Act Regulation 15c3-3 extensions denied around holidays. “Regular way” transactions made on the business days noted below will be subject to the following schedule.

 

Questions regarding this Notice should be directed to:

  • Debra German, Senior Credit Regulation Coordinator, Risk Oversight  and Operational Regulation (ROOR), at (646) 315-8467;
  • Theresa Reynolds, Credit Regulation Coordinator, ROOR, at  (646) 315-8567; or
  • Vincent Rotolo, Senior Credit Specialist, ROOR, at (646) 315-8576.