Amendments to FINRA Rules on Trading Pauses Due to Extraordinary Market Volatility and Clearly Erroneous Transactions in Exchange-Listed Securities
Stablecoins are digital assets that aim to manage volatility by tracking the values of more stable assets, such as fiat currencies like the U.S. dollar. Though the name might imply otherwise, stablecoins are not without risks for investors.
Summary
FINRA seeks comment on proposed amendments to Rule 4210 (Margin Requirements) that would clarify and incorporate into the rule current interpretations regarding when issued and other extended settlement transactions, and provide relief to facilitate the application of the rule to these transactions.
The proposed rule text marked to show changes from the current rule text is
The staff granted an exemption from FINRA Rule 5130 with respect to purchases of "new issues" by the Novartis Pension Funds.
NASD® has taken disciplinary actions against the following firms and individuals for violations of NASD rules; federal securities laws, rules and regulations; and the rules of the Municipal Securities Rulemaking Board (MSRB).
When adopting cloud computing on a partial basis, firms typically targeted workloads that could be significantly improved because of the operational benefits provided by the cloud. Some of the key types of applications firms are beginning to deploy on the cloud include the following:
Productivity SaaS applications: Firms migrating to the cloud often seek to become consumers of SaaS products
Cloud computing refers to the delivery of information technology (IT) services using internet technologies in a way that is elastic and scalable and may be priced on a pay-as-you-go basis. Core cloud computing services generally include data storage, processing capacity, networking and software applications. Many of these services are similar to utility services in that they are largely
Get information on the Annual CE obligations and statuses within your firm by logging in to FINRA Gateway, clicking on the Reports tab, and selecting the Individuals with Upcoming CE Obligations template.
(a) Requests for Accelerated Processing(1) A party may request accelerated processing of a case when initiating an arbitration pursuant to Rule 13302 or filing an answer pursuant to Rule 13303, provided that the party making the request:(A) is at least 70 years of age at the time of the request; or(B) certifies, in the manner and form required by the Director, that: (i) the party has received a
An alternative trading system (ATS) is an SEC-regulated trading venue in which a computerized system matches buy and sell orders of securities. An ATS is not a national securities exchange, an ATS may apply to the SEC to become a national securities exchange. An ATS that registers as a broker-dealer must also comply with the obligations associated with being a registered broker-dealer, including FINRA membership and compliance with FINRA rules.
