SUGGESTED ROUTING:*
Senior ManagementLegal & ComplianceOperationsTraining*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The Securities and Exchange Commission has approved amendments to the Interpretation of the Board of Governors — Forwarding of Proxy and Other Materials, Article III, Section 1 of the NASD Rules of Fair Practice
In regards for comments on 21-19 regarding short positions, here are my thoughts. * Every share should be tracked with unique identifier and should have the ability to be marked as lent out, unassigned/free, owned-lendable, or owned-not-lendable and be registered with a single central database to prevent duplication/ falsification of data. The ability to mark a share as owned-not-lendable shall
The Net Capital section of the 2022 Report on FINRA’s Risk Monitoring and Examination Activities (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) relevant regulatory obligations and related considerations, (2) exam findings and effective practices, and (3) additional resources.
Regulatory Notice 13-10 announced the SEC’s approval, pursuant to FINRA Rule 4524, of the Derivatives and Other Off-Balance Sheet Items Schedule (OBS) as a supplement to the FOCUS report. At the time of its adoption, the OBS required all firms that carry customer accounts or self-clear or clear transactions for others (collectively, “carrying or clearing firms”) to file with FINRA the
Mr. Seek joined FINRA in September 2020. He has been a trusted advisor to his business partners, clients and peers for more than 19 years. Over his career he has enjoyed working with his business partners to provide candid, practical advice on internal controls and process design. He actively networks with peers and shares information and stories on best practices, emerging trends, and
Sec. 3. (a) The Corporation after 15 days notice in writing, may suspend or cancel the membership of any member or the registration of any person in arrears in the payment of any fees, dues, assessments, or other charges or for failure to furnish any information or reports requested pursuant to Section 2 .
(b) The Corporation after 15 days notice in writing, may suspend or cancel the
Regulation is a fundamental pillar of the financial services industry, ensuring investor protection and market integrity. As financial services firms seek to comply with regulatory requirements, they are turning to new and innovative regulatory technology (RegTech) tools to assist them in effectively and efficiently meeting their obligations. While RegTech tools may help strengthen firms’
Robert A. Renner is Senior Vice President, Enterprise & Financial Solutions. In this capacity, he is responsible for overall direction and oversight of FINRA’s accounting operations functions, including Revenue Management, Corporate Tax, Procurement and Payroll, as well as Corporate Real Estate, Physical Security and Information Operations, encompassing fingerprinting, entitlement and
Simplified Arbitrations
The simplified arbitration rules apply to arbitrations involving $50,000 or less, exclusive of interest and expenses.
Expedited Proceedings for Seniors & Seriously Ill Parties
Dispute Resolution may expedite arbitration proceedings in matters involving seniors or seriously ill parties.
Expungement
Brokers may seek to have a reference to allegations or involvement
Both firms and individuals must be registered with FINRA to conduct securities transactions and business with the investing public. Firms must meet certain membership standards to attain registration. Learn more about what it means to be regulated by FINRA.To become registered, securities professionals are required to pass qualification exams to demonstrate competence in their particular
