Regulatory Notice 19-05

FINRA Extends Effective Date of Margin Requirements for Covered Agency Transactions

New Effective Date: March 25, 2020

Summary

In June 2016, the SEC approved FINRA’s rule change (referred to as the “rule change”) amending FINRA Rule 4210 to establish margin requirements for Covered Agency Transactions. FINRA is extending, to March 25, 2020, the effective date of the requirements pursuant to the rule change that otherwise would have become effective on March 25, 2019.

Questions regarding this Notice should be directed to:

  • Kris Dailey, Vice President, Risk Oversight & Operational Regulation (ROOR), at (646) 315-8434 or by email;
  • Adam Rodriguez, Director, Credit Regulation, ROOR, at (646) 315-8572 or by email; or
  • Adam Arkel, Associate General Counsel, Office of General Counsel, at (202) 728-6961 or by email.