Order entry personnel are not required to register under Series 55 as equity traders based solely on the fact that they enter orders into routing systems, which send the orders to clearing firms for execution. Also, not all persons to whom equity traders report need to be Series 55 registered.<br/>
(a) Mandatory Participation for Clearing Agency Members
(1) Participation in the System is mandatory for any member that has an obligation to report an over-the-counter transaction to FINRA, unless the member has an alternative electronic mechanism pursuant to FINRA rules for reporting and clearing such transaction. Such participation in the System shall include the reconciliation of all over
(a) Mandatory Participation for Clearing Agency Members
(1) Participation in the System is mandatory for any member that has an obligation to report an over-the-counter transaction to FINRA, unless the member has an alternative electronic mechanism pursuant to FINRA rules for reporting and clearing such transaction. Such participation in the System shall include the reconciliation of all over
Comment Period Expires August 1, 1995
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Senior Management
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Legal & Compliance
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Executive Summary
The NASD® requests member comment on proposed amendments to Section 2 of Schedule E to the NASD By-Laws to amend the exception from the qualified independent underwriter requirement for offerings of securities with a bona fide
Exchange Act Rule 15c2-11 (the “Rule”) governs the publication or submission of quotations by broker-dealers in a quotation medium other than a national securities exchange (i.e., the OTC market). The Rule generally prohibits a broker-dealer from publishing a quotation for any security in a quotation medium unless the broker-dealer has reviewed current and publicly available information about the issuer whose security is the subject of the quotation, and the broker-dealer believes this information is accurate and obtained from a reliable source. Municipal securities and other “exempt securities” (e.g., government securities, Treasury securities) are not subject to the Rule.
I have been investing in the stock market for over the last 22 years. I do not want anymore government control over what or how I invest MY money. It is important that regulations are not created to reduce my ability to earn or lose money with investment products. I do not want to pay for services that I have already been successfully performing myself. Do not make the system anymore unfair to
In observation of the Thanksgiving holiday, the TRACE system will be closed on Thursday, November 23, 2023. Please be advised that the TRACE system will close early on Friday, November 24, 2023. See the table below for a schedule of modified hours (these hours also apply to BTDS/ATDS/SPDS/144A). Thank you for your attention to this matter. Please contact FINRA Operations at (866) 776-0800 if you
As announced in August 2018, FINRA plans to eliminate the support of the CTCI protocol (CTCI/TCP; CTCI/MQ) for both TRACE and ORF transaction reporting.
FINRA is extending the use of the CTCI protocol for both TRACE and ORF transaction reporting for a period of six weeks beyond the originally announced termination date of February 3, 2020, to allow all users additional time for the
SummaryLow-priced securities1 tend to be volatile and trade in low volumes. It may be difficult to find accurate information about them. There is a long history of bad actors exploiting these features to engage in fraudulent manipulations of low-priced securities. Frequently, these actors take advantage of trends and major events—such as the growth in cannabis-related businesses or the ongoing
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*These are suggested departments only. Others may be appropriate for your firm.
Please note that the October 15, 1988, Series 7 test session in Houston will be held at:
Holiday Inn/Hobby Airport Atrium Hotel & Convention Center9100 Gulf FreewayHouston, Texas 77017
Parking is available on the hotel grounds, and signs to direct
