SEA Rule 15c3-3 Customer Protection Interpretive Updates and Common Pitfalls (Duration: 41 minutes)

Stay current on the latest interpretive guidance for SEA Rule 15c3-3 while learning to identify and avoid common compliance mistakes. This session provides practical insights into frequently encountered issues and effective approaches to customer protection compliance.

FINRA Speakers

• Anthony Vinci, Senior Director, Office of Financial & Operational Risk Policy
• Elyse Giattino, Director and Advisor, Large Diversified Risk Monitoring
• Kathryn Mahoney, Senior Director, Office of Financial & Operational Risk Policy
• Tyler Kane, Director, Office of Financial & Operational Risk Policy

Resources

• SEA Rule 15c3-3 and Related Interpretations
• FINAL SEC Rule: Daily Computation of Customer and Broker-Dealer Reserve Requirements under the Broker-Dealer Customer Protection Rule
• FINAL SEC Rule: Standards for Covered Clearing Agencies for U.S. Treasury Securities and Application of the Broker-Dealer Customer Protection Rule with Respect to U.S. Treasury Securities
• SEC Fact Sheet: Enhancements to the Broker-Dealer Customer Protection Rule
• SEC Fact Sheet: Improving Risk Management and Increasing Clearing in U.S. Treasuries
• SEC Division of Trading and Markets: FAQs - Rule 15c3-3 and Daily Customer and PAB Reserve Computations
• SEC Division of Trading and Markets: FAQs - Treasury Clearing and Rule 15c3-3a
• SEC Division of Trading and Markets: FAQs Relating to Crypto Asset Activities and Distributed Ledger Technology
• SEC Division of Trading and Markets: Statement on the Custody of Crypto Asset Securities by Broker-Dealers
• SEC DTM Staff No-Action Letter: ISLA Americas and SIFMA
• SEC Order Regarding the Collateral Broker-Dealers May Pledge When Borrowing Customer Securities (March 30, 2026)