Financial Reporting Relief
Regulatory Notice
Notice Type
Guidance
Referenced Rules & Notices
SEC Rule 15c3-3
Suggested Routing
Capital and Accounting Staff
Compliance
Chief Financial Officer
Executive Representative
Legal
Senior Management
Key Topic(s)
Customer Reserve Formula Computation
FOCUS Filing
PAIB
At FINRA, you can help power a fair and vibrant market, improving investing for all. As a FINRA employee, you join a committed and talented team of industry leaders who help maintain market integrity and protect investors. Our mission-driven organization oversees more than 634,000 brokers across the country, analyzes billions of daily market events, innovates with AI and machine learning technologies, and works together to ensure fair and vibrant capital markets within the United States.
Proposed Changes to the Personnel Assessment and Gross Income Assessment Fees
FINRA Announces Updates of the Interpretations of Financial and Operational Rules
Summary
This Notice reminds members of the Securities and Exchange Commission’s (SEC’s) adoption of a best interest standard of conduct for broker-dealers and a relationship summary (Form CRS) delivery obligation, and provides an SEC email address where members may submit questions about the new requirements. As more fully described below, the SEC encourages firms to actively engage with SEC
Executive Summary
NASD is concerned about the number of increasingly complex products that are being introduced to the market in response to the demand for higher returns or yield. Some of these products have unique features that may not be well understood by investors or registered persons. Others raise concerns about suitability and potential conflicts of interest. While NASD has and will
SEC Approves Rule to Address Conflicts of Interest Relating to the Publication and Distribution of Debt Research Reports
On October 23, 2023, FINRA announced the Small Firm Advisory Committee (SFAC) election for the Midwest and South Regions. Small firms in these regions will receive ballots via email from [email protected] to vote in this election (hard copy ballots will also be mailed to these firms). Voting concludes on November 22, 2023, and the newly elected SFAC members will take office in January
Short selling is legal, fair, and a proper tool to use in the markets to bring down the price of an over-valued security. Why does it feel like institutions have so much power over retail? Why does it feel like I am going up against massive opponents that refuse to lose? Why do they get away with criminal activity to avoid billions in losses to only pay regulators millions in fines? It's
GUIDANCE
Branch Office System Processing Fee
SUGGESTED ROUTING
KEY TOPICS
Legal & Compliance
Registration
Senior Management
Branch Office Registration Fee
Branch Office System Processing Fee
Fees
Schedule A to NASD By-Laws
Executive Summary
Effective July 3, 2006, NASD members will be assessed an annual
$20 branch office system processing fee. Also effective July 3, 2006,
