The Securities and Exchange Commission has extended the compliance date for broker-dealers from certain large trader recordkeeping, reporting and monitoring requirements. ...more
4/9/2013
The Securities and Exchange Commission issued a final rule affecting clearing agencies registered with both the SEC and the Commodity Futures Trading Commission. The final rule allows certain rule changes by such dually...more
4/9/2013
- CFTC Clearing Agencies Filing Requirements Registration SEC
The Financial Industry Regulatory Authority filed a proposed rule change to amend Rule 8313, which governs the release of disciplinary and other information by FINRA to the public. Among other things, amended Rule 8313 would...more
4/2/2013
- Disciplinary Proceedings FINRA Public Disclosure SEC
In 2010, NASDAQ OMX PHLX LLC (PHLX) launched NASDAQ OMX PSX (PSX) as a platform for trading NMS stocks using a price/size execution model. Now PHLX has filed a proposed rule change to adopt a price/time model for PSX. PHLX is...more
4/2/2013
- Nasdaq PHLX PSX SEC
On July 1, 2011, the Securities and Exchange Commission granted temporary exemptions under the Securities Exchange Act of 1934 in connection with the pending revision of the definition of “security” to encompass...more
4/2/2013
- FINRA SEC Security-Based Swaps
The Securities and Exchange Commission has approved a Financial Industry Regulatory Authority proposed change to amend FINRA Rule 4240, which implements an interim pilot program with respect to margin requirements related to...more
4/2/2013
- Credit Default Swaps FINRA Margin Requirements SEC
In February 2011, the Financial Industry Regulatory Authority initially sought comment on proposed rules governing markups, commissions and fees...more
2/19/2013
- Broker Commissions Fees FINRA Markups
The Financial Industry Regulatory Authority has filed a proposed rule change requiring trades and trade cancellations in over-the counter (OTC) transactions in National Market System stocks and OTC equity securities (as...more
2/19/2013
- Equity Transactions FINRA OTC Reporting Requirements
On January 18, the Chicago Board Options Exchange (CBOE) issued a proposed rule that would amend the continuous quoting obligations for preferred market-makers (PMMs). CBOE Rule 8.13(d) currently requires PMMs to provide...more
1/30/2013
- CBOE Preferred Market Makers
The Financial Industry Regulatory Authority filed a proposed rule change to amend FINRA Rule 2267 to require a member firm to include a description of and link to FINRA BrokerCheck on its website, social media page and any...more
1/15/2013
- BrokerCheck FINRA Investors Notice Requirements
The New York Stock Exchange LLC and NYSE MKT LLC have eliminated certain equities Account Type Indicators (ATIs). As of October 15, 2012, member organizations were no longer required to use the eliminated ATIs...more
1/14/2013
- Account Type Indicators Equity Securities NYSE
Member firms often offer financial incentives when recruiting registered representatives. The Financial Industry Regulatory Authority has stated that it believes such financial incentives raise conflicts of interest that...more
1/14/2013
- Conflicts of Interest FINRA Recruitment Incentives
The Securities and Exchange Commission approved a rule change by the Financial Industry Regulatory Authority pursuant to which National Association of Securities Dealers (NASD) Rules 2210 and 2211 and NASD Interpretive...more
1/14/2013
- FINRA Public Communications SEC
The Financial Industry Regulatory Authority has issued Regulatory Notice 12-49 regarding the Securities and Exchange Commission’s approval of amendments to NASD Rule 2711 and incorporated NYSE Rule 472 relating to research...more
11/13/2012
- FINRA
The Securities and Exchange Commission approved new Financial Industry Regulatory Authority Rule 5350, which replaces the stop order provisions in FINRA Rule 6140(h). Under new FINRA Rule 5350, firms may accept stop orders...more
11/13/2012
