NASD has filed with the SEC a proposed rule change to amend NASD Rule 7010(k) to reduce certain fees that are currently in effect for the Trade Reporting and Compliance Engine (TRACE). In addition, NASD is proposing revisions to Rule 7010(k) that are technical in nature to reflect NASD’s change in corporate name. For example, references to "the Association" have been replaced with
NASD has filed with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend: (1 ) NASD Rule 6210(a), the definition of "TRACE-eligible security," by (A) deleting the requirement that a debt security be registered under the Securities Act of 1933 ("Securities Act"), thus including debt securities that are
While the day trading orule may have been intended to protect traders, it has become a significant barrier for smaller retail investors, exposing them to greater risks rather than providing true protection.1. Lower the Minimum Balance RequirementThe $25,000 minimum balance is prohibitive for many retail investors, effectively excluding them from the benefits of day trading and creating an uneven
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the Supplemental Inventory Schedule (“SIS”) pursuant to FINRA Rule 4524 (Supplemental FOCUS Information) so that members that are filers of FOCUS Report Part II will not be required to file the SIS. The proposed rule change does not
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend to July 20, 2020 the implementation of FINRA Rule 4240. FINRA Rule 4240 implements an interim pilot program with respect to margin requirements for certain transactions in credit default swaps that are security-based swaps.
SEC Approves Amendments to Require Firms to Add a No-Remuneration Indicator in TRACE Trade Report
NASD has filed with the SEC a proposed rule change to amend the pilot rule in IM-10100(f) and (g) of the Code of Arbitration Procedure.
Proposed Rule Change to the Code of Arbitration Procedure for Customer Disputes and Industry Disputes to Amend the Chairperson Eligibility Requirements
Proposed Rule Change to Adopt FINRA Rule 11000 Series (Uniform Practice Code) in the Consolidated FINRA Rulebook
FINRA Revises the Sanction Guidelines
