eFOCUS - Financial and Operational Combined Uniform Single Reports

The eFOCUS system provides firms with the capability to electronically submit their Financial and Operational Combined Uniform Single (FOCUS) Reports to FINRA. FINRA member firms are required to compose and submit FOCUS reports to FINRA pursuant to SEC Rule 17a-5.

FOCUS Report Amendments

Following provides further detail on amendments the SEC has made to FOCUS Report (Form X-17A-5) Part II and Part IIA.1 Note that the SEC has extended the compliance dates with regard to certain of these amendments.2

Amendments Effective March 1, 2026:

  1. FOCUS Report Part II:

    1. Computation for Determination of Customer Reserve Requirements and the Computation for Determination of PAB Requirements:
      Boxes have been added to align with the SEC’s amendments for daily computation of customer and broker-dealer reserve requirements. The changes include a new item in the computations in alignment with the amendments to SEA Rule 15c3-3a that the SEC adopted in December 2023 regarding central clearing of US Treasury securities.3 See boxes 12843, 12844, 12849, 12850 and 12851.

     
    Click here to see an illustration of the amended pages of FOCUS Report Part II effective March 1, 2026.

Amendments Effective March 1, 2027:

  1. Changes have been made to the following FOCUS Report Part II pages:

    1. Computation of Minimum Regulatory Capital Requirements.
    2. Statement of Income (Loss) or Statement of Comprehensive Income.
    3. Computation of CFTC Minimum Capital Requirements.

     
    Click here to see an illustration of the amended pages of FOCUS Report Part II effective March 1, 2027.

  2. Changes to FOCUS Report Part IIA:

    1. Computation of Net Capital Requirement:  The incorrect cross-reference to Line 19 has been replaced with a corrected cross-reference to Line 18.
    2. Computation of Alternative Net Capital Requirement:  This has been amended to require broker-dealers using the alternative method to compute net capital to report the percentage of debt to debt-equity total (box 3860a). 

     
    Click here to see an illustration of the amended pages of FOCUS Report Part IIA effective March 1, 2027.

Login to eFOCUS

eFOCUS is available through the FINRA Gateway, which provides consolidated access to FINRA applications and timely information for your firm.

Go to https://gateway.finra.org/ and use your existing FINRA user ID and password to login. If you are not yet familiar with the Firm Gateway, a brief tutorial is available from the login screen.

Upon logging in, access your firm's FOCUS filing under the Requests option on the left navigation bar.

User Support

Online Tutorial

Questions

If you have additional questions about eFOCUS or your firm's filing, contact your Coordinator. For questions about the eFOCUS system, contact the FINRA Support Center at (800) 321-6273.

 

1 See Securities Exchange Act Release No. 101925 (December 16, 2024), 90 FR 7250 (January 21, 2025) (Final Rule: Electronic Submission of Certain Materials Under the Securities Exchange Act of 1934; Amendments Regarding the FOCUS Report); Securities Exchange Act Release No. 102022 (December 20, 2024), 90 FR 2790 (January 13, 2025) (Final Rule: Daily Computation of Customer and Broker-Dealer Reserve Requirements under the Broker-Dealer Customer Protection Rule).

2 See Securities Exchange Act Release No. 103877 (September 8, 2025), 90 FR 43552 (September 10, 2025) (Final Rule; Extension of Compliance Dates: Extension of Compliance Dates for Electronic Submission of Certain Materials Under the Securities Exchange Act of 1934; Amendments Regarding the FOCUS Report); Securities Exchange Act Release No. 103320 (June 25, 2025), 90 FR 27990 (July 1, 2025) (Final Rule; Extension of Compliance Date: Extension of Compliance Date for Required Daily Computation of Customer and Broker-Dealer Reserve Requirements under the Broker-Dealer Customer Protection Rule).

3 See Securities Exchange Act Release No. 99149 (December 13, 2023), 89 FR 2714 (January 16, 2024) (Final 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).