Regulatory Notice 18-18

FINRA Extends Effective Date of Margin Requirements for Covered Agency Transactions

New Effective Date: March 25, 2019


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, 2019, the effective date of the requirements pursuant to the rule change that otherwise would have become effective on June 25, 2018.

Questions regarding this Notice should be directed to:

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

Questions may also be directed to Covered Agency Margin. FINRA will publish additional guidance as appropriate to address questions that FINRA receives.