Proposed Rule Change to Adopt Rules Governing Guarantees, Carrying Agreements, Security Counts and Supervision of General Ledger Accounts in the Consolidated FINRA Rulebook

Financial Industry Regulatory Authority, Inc. (“FINRA”) (f/k/a National Association of Securities Dealers, Inc. (“NASD”)) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adopt a set of rules governing guarantees, carrying agreements, security counts and supervision of general ledger accounts for purposes of the consolidated FINRA rulebook.  FINRA proposes to adopt FINRA Rules 4150 (Guarantees by, or Flow Through Benefits for, Members), 4311 (Carrying Agreements), 4522 (Periodic Security Counts, Verifications and Comparisons) and 4523 (Assignment of Responsibility for General Ledger Accounts and Identification of Suspense Accounts) in the consolidated FINRA rulebook and to delete NASD Rule 3230, Incorporated NYSE Rules 322, 382, 440.10 and 440.20 and Incorporated NYSE Rule Interpretations 382/01 through 382/05, 409(a)/01 and 440.20/01.

TitleFormat - SizeStatus
Text of Proposed Rule ChangePDF - 226.73 KB
Federal Register NoticePDF - 92.09 KB
Extension No. 1PDF - 26.13 KB
Amendment No. 1 to Proposed Rule ChangePDF - 68.31 KB
Approval OrderPDF - 197.48 KB