Broker-dealers with historical or ongoing instances of non-compliance with the SEC’s Customer Protection Rule are encouraged to self-report by November 1, 2016.

On June 23, 2016, the Securities and Exchange Commission’s (SEC) Division of Trading and Markets and Division of Enforcement (the Divisions) announced a two-part initiative to identify historical and ongoing violations of Section 15(c)(3) of the Securities Exchange Act of 1934 (Exchange Act) and Rule 15c3-3 thereunder (the Customer Protection Rule).