Regulatory Notice 11-21

SEC Approves Consolidated FINRA Rule Governing Fidelity Bonds

Effective Date: January 1, 2012

The SEC approved FINRA’s proposal to adopt a rule governing fidelity bonds for the consolidated FINRA rulebook. The new rule, FINRA Rule 4360, is based on NASD Rule 3020, taking into account certain requirements under NYSE Rule 319 and its Interpretation.

The text of the new rule is set forth in Attachment A. The rule takes effect on January 1, 2012.

Questions regarding this Notice should be directed to:

  • Susan DeMando Scott, Associate Vice President, Financial Operations Policy, at (202) 728-8411;
  • Erika L. Lazar, Counsel, Office of General Counsel, at (202) 728-8013.