FINRA Requests Comment on Potential Enhancements to Certain Engagement Programs
Special Election to Fill a FINRA Large Firm Governor Vacancy
Notice of Election and Ballots for FINRA Small Firm NAC Member Seat
Upcoming FINRA Board of Governors Election
FINRA Revises Indexed Amounts for Monetary Sanctions in the Sanction Guidelines
FINRA Announces Update of the Interpretations of Financial and Operational Rules
Summary
FINRA will conduct its Annual Meeting of firms on Friday, August 7, 2020, at 10:00 a.m. Eastern Time in the FINRA Visitors Center at 1735 K Street, NW, Washington, D.C. The purpose of the meeting is to elect individuals to fill one small firm seat and one large firm seat on the FINRA Board of Governors (FINRA Board).1
It is important that all eligible firms be represented by proxy or in
Summary
This Notice addresses the characteristics of Uniform Transfers to Minors Act (UTMA) and Uniform Gifts to Minors Act (UGMA) accounts (collectively referred to herein as “UTMA/UGMA Accounts”) and the responsibilities of member firms to supervise UTMA/UGMA Accounts.
Questions regarding this Notice should be directed to:
Philip Shaikun, Vice President and Associate General Counsel,
FINRA Announces Nomination Process to Fill Upcoming Vacancies on the National Adjudicatory Council
Summary
Effective June 1, 2020, members must report transactions in U.S. Treasury Securities executed to hedge a primary market transaction with an appropriate identifier. Members will have additional time to report such transactions—until the next business day during TRACE system hours. The rule text is available in the online FINRA Manual.
Questions regarding this Notice should be directed to
