 |
Upcoming Deadlines and Effective Dates
FINRA Requests for Comment
FINRA is soliciting comment on a proposal to establish a new trade reporting requirement for transactions in over-the-counter options on securities with terms that are identical or substantially similar to listed options. FINRA is proposing to require firms to report this information to FINRA on a daily basis (end-of-day) for regulatory purposes only. Comments are due September 20, 2022. See Regulatory Notice 22-14.
FINRA is soliciting comment on a proposal to amend Rule 6730 to reduce the Trade Reporting and Compliance Engine (TRACE) trade reporting timeframe for transactions in all TRACE-Eligible Securities that currently are subject to a 15-minute reporting timeframe. Members would be required to submit a report to TRACE as soon as practicable (as is currently the case), but no later than one minute from the time of execution, for transactions in corporate bonds, agency debt securities, asset-backed securities and agency pass-through mortgage-backed securities traded to-be-announced for good delivery. Comments are due October 3, 2022. See Regulatory Notice 22-17 for more information.
SEC Requests for Comment
The SEC requests comment on FINRA’s proposal to amend FINRA Rule 3110 (Supervision) to adopt new Supplementary Material .18 (Remote Inspections Pilot Program), a voluntary, three-year remote inspection pilot program to allow member firms to elect to fulfill their obligation under Rule 3110(c) (Internal Inspections) by conducting inspections of some or all branch offices and locations remotely without an on-site visit to such office or location, subject to specified terms. Comments are due September 6, 2022. See the Federal Register notice.
The SEC requests comment on FINRA’s proposed rule change to amend the Codes of Arbitration Procedure to modify the current process relating to the expungement of customer dispute information. Comments are due September 6, 2022. See the Federal Register notice.
The SEC requests comment on FINRA’s proposal to amend FINRA Rule 11880 (Settlement of Syndicate Accounts) to revise the syndicate account settlement timeframe for corporate debt offerings. Comments are due September 8, 2022. See the Federal Register notice.
Treasury Department Notice and Request for Information
The U.S. Department of the Treasury has issued a Request for Information seeking comment on additional post-trade transparency for data regarding secondary market transactions in U.S. Treasury Securities, including the potential benefits and risks of several potential ways to build on existing public transparency. See the Notice Seeking Public Comment. Comments are due 60 days after the date of publication of the Notice in the Federal Register.
|
 |
Education and Compliance Programs
Firm compliance personnel who are new to registration and licensing—or would like to become more familiar with navigating related systems—are invited to join FINRA virtually for an upcoming Registration Systems Foundation training. These training sessions run noon to 5 p.m. ET on two consecutive days.
Waitlists are now available for the upcoming fall sessions, and the 2023 schedule will be published by January. See the Virtual Training Schedule & How to Register page for more information.
FINRA is offering five scholarships to industry professionals from small firms to attend the FINRA Institute at Georgetown Certified Regulatory and Compliance Professional (CRCP)® program. The scholarship covers full tuition for the entire CRCP program, including room and board. The Small Firm Scholarship application period is now open through September 16, 2022. For more information, including eligibility requirements, the selection process and our new application form, please visit our Small Firm Scholarship web page.
The Disclosure Reporting: Criminal Events Webinar provides guidance on reporting criminal matters as well as a review of the expungement process. Register to attend the upcoming session on Thursday, Aug. 25, 2-3 p.m. ET.
The FINRA Advertising Regulation Conference is back! Join us in Washington, DC, on October 20-21, 2022, for a conference designed specifically for new and experienced communications compliance professionals. Participate in forward-looking discussions on current practices, policies, priorities and rulemaking. Plus, use this opportunity to network with industry peers and meet one-on-one with Advertising Regulation Department staff during office hours.
Register today for the 2022 Small Firm Conference. Join us in Santa Monica, CA, or participate virtually on November 9-10, for the opportunity to discuss small firm topics, share insights and effective practices, and hear detailed exchanges on industry and regulatory updates.
Week II of the 2022 FINRA Institute at Georgetown CRCP® Program is almost sold out. Reserve your spot now and join us in Washington, D.C., on November 13-18. View the detailed schedule for a look at what sessions are being held and the participating faculty.
Thinking ahead and want to reserve your spot for next year? Registration for 2023 Week I is now open.
Register for all of FINRA’s upcoming events:
- Disclosure Reporting: Criminal Events Webinar
- Thursday, Aug. 25 | 2-3 p.m. ET | Virtual
- FINRA Registration Systems Foundation Training
- Wednesday, October 5 and Thursday, October 6 | noon-5 p.m. ET | Virtual [Waitlist Available]
- Wednesday, November 9 and Thursday, November 10 | noon-5 p.m. ET | Virtual [Waitlist Available]
- FINRA Institute at Georgetown Certified Regulatory and Compliance Professional® Program
- Week II | November 13 – 18, 2022 | Washington, DC
- Advertising Regulation Conference | October 20 – 21, 2022 | Washington, DC and Virtual
- Small Firm Conference | November 9 – 10, 2022 | Santa Monica, CA and Virtual
- 2023 Annual Conference | May 16-18, 2023 | Washington, DC
- FINRA Institute at Georgetown Certified Regulatory and Compliance Professional® Program
- Week I | July 16 – 21, 2023 | Washington, DC
|
