Regulatory Notice 14-25

FINRA Announces Updates of the Interpretations of Financial and Operational Rules

 

Executive Summary

FINRA is updating the imbedded text of Securities Exchange Act (SEA) reporting rules for broker-dealers in the Interpretations of Financial and Operational Rules to reflect the effectiveness of amendments the SEC adopted. The updated imbedded text relates to SEA Rules 17a-5 and 17a-11. FINRA is also making available related updates of the Interpretations of Financial and Operational Rules that have been communicated to FINRA staff by the staff of the SEC’s Division of Trading and Markets (SEC staff). The updated interpretations relate to SEA Rule 17a-5.

 

Questions concerning this Notice should be directed to:

  • Yui Chan, Managing Director, Risk Oversight and Operational Regulation (ROOR), at (646) 315-8426; or
  • Susan DeMando Scott, Associate Vice President, ROOR, at (240) 386-4620.