SEC Approves Amendments to FINRA Margin Requirements Rule

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On October 26, the SEC approved amendments to FINRA Rule 4210 related to option spread strategies, maintenance margin requirements for non-margin eligible equity securities, free-riding, “exempt accounts” and stress testing in portfolio margin accounts. The amendments related to option spread strategies become effective on October 26 and all other amendments become effective on January 23, 2013. FINRA Notice. Amended FINRA Rule.

Published In: Administrative Agency Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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