Information Notice – 12/14/16

2017 Holiday Trade Date, Settlement Date and Margin Extensions Schedule

Executive Summary

FINRA is providing the following schedule to assist firms and reduce the number of requests for Federal Reserve Board Regulation T and Securities Exchange Act (SEA) Rule 15c3-3 extensions of time that may be denied around holidays due to incorrect due dates specified when such requests are made. Requests of extensions of time under Regulation T and SEA Rule 15c3-3 that are made for “regular way” transactions effected on the business days prior to and after a holiday when the exchanges are closed, will be subject to the schedule noted below.

Questions regarding this Notice should be directed to Theresa Reynolds, Senior Credit Regulation Coordinator, ROOR, at (646) 315-8567.