Regulatory Notice 14-43

SEC Approves Supplemental Inventory Schedule

Implementation Date: The initial Supplemental Inventory Schedule disclosing inventory positions as of December 31, 2014, must be filed with FINRA on or before January 30, 2015.

Executive Summary

The SEC has approved the adoption of the Supplemental Inventory Schedule (SIS), a supplemental schedule that must be filed by a firm that is required to file FOCUS Report Part II, FOCUS Report Part IIA or FOGS Report Part I, and has inventory positions as of the end of the FOCUS or FOGS reporting period, unless the firm has (1) a minimum dollar net capital or liquid capital requirement of less than $100,000 or (2) inventory positions consisting only of money market mutual funds. The initial SIS disclosing inventory positions as of December 31, 2014, must be filed with FINRA on or before January 30, 2015.

The SIS can be found at www.finra.org/notices/14-43.

Questions concerning this Notice should be directed to:

  • Kris Dailey, Vice President, Risk Oversight & Operational Regulation, at (646) 315-8434 or
  • Matthew E. Vitek, Associate General Counsel, Office of General Counsel, at (202) 728-8156.