The Dodd-Frank Investor Advisory Committee will meet at the SEC Headquarters in Washington DC, from 10AM till 4PM.  See the Notice for more information on the agenda.

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 7 General Assessment Reconciliation is to be filed by all members of the Securities Investor Protection Corporation for the each fiscal year, due no later than 60 days … Continue reading SIPC Assessments (Year ending July 31, 2012) SIPC 7 →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 6 General Assessment is to be filed by all members of the Securities Investor Protection Corporation for the first half of each fiscal year, due no later than … Continue reading SIPC Assessments (Year ending February 29, 2012) SIPC 6 →

FINRA Rule 1250 requires all covered registered persons (any person registered with a member who has direct contact with customers in the conduct of the member's securities sales, trading and investment banking activities, any person registered as an operations professional or research analyst, and to the immediate supervisors of such person) to participate in the … Continue reading Firm Element Continuing Education Plan 2012 FINRA Rule 1250 →

The SIFMA Municipal Bond Summit is located at the Conrad New York, New York, NY. For more information, click on Conference Information.

Effective October 1, 2012, the Trading Activity Fee (TAF) rate for transactions in covered security futures will decrease from $0.04 for each security futures contract traded on a round-turn basis carried in a securities account to $0.00008, with a minimum fee of $0.01 per round-turn transaction. The new rate applies to round-turn transactions in security … Continue reading Effective Date: Amended TAF Rates for Transactions in Covered Security Futures →

FINRA posted an Election Notice to inform FINRA small firm members of the upcoming Small Firm Advisory Board (SFAB) election. Two seats on the SFAB are up for election: the North and West Region seats.  The deadline for nominations is October 5, 2012.

This FINRA District Compliance Conference is located in Woodbury, NY at Fox Hollow. For more information, click on Topics and or Registration. Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must be made by … Continue reading District Compliance Meeting – District 10 (Long Island) →

This FINRA Half Day Compliance Boot Camp is located at the FINRA Philadelphia District Office. For more information, click on Topics and Registration.

In Regulatory Notice 12-39, FINRA requested comments on two issues relating to the dissemination of information on TRACE-eligible securities transactions.  First, FINRA seeks input on whether it should maintain or modify current TRACE dissemination caps, under which the actual size (volume) of a transaction over a certain par value is not displayed in disseminated realtime TRACE … Continue reading Comment Period Expires – Trace Disseminiation Issues →

For more information, click on Topics and or Registration.  Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must be made by check.

In accordance with FINRA Rule 4530(d), each member shall report to FINRA statistical and summary information regarding customer complaints in such detail as FINRA shall specify by the 15th day of the month following the calendar quarter in which customer complaints are received by the member. For the purposes of this paragraph, "customer" includes any … Continue reading FINRA Rule 4530/Customer Complaint Filing Due Dates (Q3 2012) →

In accordance with NASD Conduct Rule 3050, all associated persons shall be required to notify the member firm of the existence of any and all securities accounts maintained by the associated person with any foreign or domestic brokerage firm, bank, investment adviser or other financial institution. Further, all associated persons shall be required to notify … Continue reading NASD Rule 3050 Transactions for Associated Persons →

FINRA Rule 3270 prohibits any registered person from being an employee, independent contractor, sole proprietor, officer, director or partner of another person, or being compensated, or having the reasonable expectation of compensation, from another person as a result of any business activity outside the scope of the relationship with the member firm unless he or … Continue reading FINRA Rule 3270 Outside Business Activities →

Pursuant to NASD Rule 3040 no associated person of the Company shall participate in a private securities transaction without first obtaining the prior written approval of the member firm. If the Company approves a person’s participation in a private securities transaction, the Company will record the transaction on its books and records The firm should … Continue reading NASD Rule 3040 Private Securities Transactions of an Associated Person →

The national securities exchanges and FINRA (collectively the SROs) together are hosting an industry event to discuss SEC  Rule 613 requiring the creation of a Consolidated Audit Trail (CAT). This event is taking place in New York City and is open to all industry and other interested participants. Please note that the event is closed … Continue reading SRO-Hosted Consolidated Audit Trail Industry Event →

The national securities exchanges and FINRA (collectively the SROs) together are hosting an industry event to discuss SEC  Rule 613 requiring the creation of a Consolidated Audit Trail (CAT). This event is taking place in New York City and is open to all industry and other interested participants. Please note that the event is closed … Continue reading SRO-Hosted Consolidated Audit Trail Industry Event →

This FINRA District Compliance Conference is located in Coral Gables, FL at The Westin Colonnade. For more information, click on Topics and or Registration. Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must be … Continue reading District Compliance Meeting – District 7 (Boca Raton) →

This FINRA District Compliance Conference is located in Morristown, NJ at the Hyatt Morristown. For more information, click on Topics and or Registration. Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must be made … Continue reading District Compliance Meeting – District 9B (Woodbridge) →

This FINRA District Compliance Conference is located in New York, NY at Bayard’s One Hanover Square. For more information, click on Topics and or Registration. Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must … Continue reading District Compliance Meeting – District 10 (New York) →

FINRA reminds member firms that any person identified by a member firm as a Day-One Operations Professional who must pass the Series 99 or other appropriate qualification examination to qualify as an Operations Professional must do so on or before October 17, 2012. In scheduling the exam, candidates are reminded that the waiting periods between … Continue reading Deadline for Qualifiying for Day One Operations Principal →

Date: October 22 - 24, 2012 The NSCP National Membership Meeting is located at the Washington Hilton, Washington, DC. For more information, click on Agenda and or Conference Information.

In accordance with SEC Rule 15c3-1, each broker/dealer registered pursuant to section 15 of the Act must have evidence of the computation of net capital monthly. That computation should be completed and approved by the FINOP within 17 business days after the end of each month.

The SIFMA 2012 Annual Meeting is located at the New York Marriott Marquis, New York, NY. For more information on the conference please click on Conference Information.

Date: October 25 - 26, 2012 FINRA's annual Advertising Regulation Conference is located in Washington DC.  View the online brochure to learn more about this year's event. Discounted registration rates are available through October 3, 2012.

FINRA Rule 4524 requires each member firm to file a Supplemental Statement of Income (“SSOI”) within 20 business days after the end of each calendar quarter via the FINRA Gateway. The SSOI is designed to provide FINRA with greater detail regarding firm’s revenue and expenses.

SEC Rule 17a-5(d) requires that FINRA member firms to file an Annual Audited Report electronically with FINRA through the firm Gateway and with the SEC (main office and regional office) via mail or overnight carrier not more than 60-calendar days after the date selected for their fiscal year end. The Annual Audit must also be … Continue reading Annual Audit Filing Due Date (Period Ending 8/31/2012) →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 7 General Assessment Reconciliation is to be filed by all members of the Securities Investor Protection Corporation for the each fiscal year, due no later than 60 days … Continue reading SIPC Assessments (Year ending August 31, 2012) SIPC 7 →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 6 General Assessment is to be filed by all members of the Securities Investor Protection Corporation for the first half of each fiscal year, due no later than … Continue reading SIPC Assessments (Year ending March 31, 2012) SIPC 6 →

SEC Rule 606 requires broker/dealers that route orders on behalf of customers to prepare quarterly reports that disclose the identity of the venues to which it routed orders for execution. The reports also will disclose the nature of the broker-dealers relationship with those venues, including the existence of any internalization or payment for order flow … Continue reading Disclosure of Order Routing Practices (SEC Rule 606-Formally Rule 11Ac1-6) (Q3 2012) →

MSRB Rule A-14 In addition to any other fees prescribed by the rules of the Board, requires each broker, dealer, municipal securities dealer, and municipal advisor shall pay an annual fee to the Board of $500, with respect to each fiscal year of the Board in which the broker, dealer, municipal securities dealer, or municipal … Continue reading MSRB Rule A•14 (Annual Fee) →

Beginning 11/1/2012 Firms may begin to submit post-dated Forms BDW, ADV-W and BR losing /Withdrawal with a date of December 31, 2012.

In Regulatory Notice 12-26, FINRA advised memebership that theThe SEC approved amendments to FINRA Rule 6700 Series and TRACE dissemination protocols regarding the reporting and dissemination of transactions in TRACE-eligible securities that are agency pass-through mortgage-backed securities that are traded to be announced (TBA transactions). In addition, the SEC approved amendments to FINRA Rule 7730 … Continue reading Effective Date: Amendment to Trace Reporting Requirements (Regulatory Notice 12-26) →

This FINRA District Compliance Conference is located in New York, NY at Bayard’s One Hanover Square. For more information, click on Topics and or Registration. Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must … Continue reading District Compliance Meeting – District 10 (New York) →

This FINRA Compliance Conference is located in Dallas, Texas at the Hilton Anatole. For more information, click on Topics and or Registration. Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must be made by … Continue reading District Compliance Meeting – District 6 (Dallas) →

Date: November 11 - 16, 2012   Designed for the high-potential executive, Week II of the FINRA Institute at Wharton program delivers a comprehensive and rigorous course of instruction on the foundation, theory and practical application of securities laws and regulation. The program draws on the expertise of Wharton faculty, senior regulators and industry practitioners and … Continue reading FINRA Institute at Wharton – Week II Advanced Topics →

Beginning November 12, 2012, Preliminary Renewal Statements are available for viewing and printing on Web CRD/IARD.

In accordance with NASD Conduct Rule 3050, all associated persons shall be required to notify the member firm of the existence of any and all securities accounts maintained by the associated person with any foreign or domestic brokerage firm, bank, investment adviser or other financial institution. Further, all associated persons shall be required to notify … Continue reading NASD Rule 3050 Transactions for Associated Persons →

FINRA Rule 3270 prohibits any registered person from being an employee, independent contractor, sole proprietor, officer, director or partner of another person, or being compensated, or having the reasonable expectation of compensation, from another person as a result of any business activity outside the scope of the relationship with the member firm unless he or … Continue reading FINRA Rule 3270 Outside Business Activities →

Pursuant to NASD Rule 3040 no associated person of the Company shall participate in a private securities transaction without first obtaining the prior written approval of the member firm. If the Company approves a person’s participation in a private securities transaction, the Company will record the transaction on its books and records The firm should … Continue reading NASD Rule 3040 Private Securities Transactions of an Associated Person →

The Securities and Exchange Commission will hold its 31st annual SEC Government-Business Forum on Small Business Capital Formation on November 15 at its Washington, D.C. headquarters. The forum will begin with panel discussions on the implementation of the recently enacted Jumpstart Our Business Startups Act, or JOBS Act, and on small business capital formation issues … Continue reading 2012 Annual SEC Government-Business Forum on Small Business Capital Formation →

http://www.finra.org/AboutFINRA/HolidaySchedule/

In accordance with SEC Rule 15c3-1, each broker/dealer registered pursuant to section 15 of the Act must have evidence of the computation of net capital monthly. That computation should be completed and approved by the FINOP within 17 business days after the end of each month.

In accordance with SEC Rule 17a-5(a)(2)(ii)-(iii), each broker/dealer registered pursuant to section 15 of the Act who clears transactions or carries customer accounts shall file Part II of Form X-17 A-5 within 17 business days after the end of the month.  The fifth FOCUS filing is required for every broker or dealer who does not … Continue reading Monthly & Fifth’ FOCUS IIA Filings (Month ending 10/31/12) →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 7 General Assessment Reconciliation is to be filed by all members of the Securities Investor Protection Corporation for the each fiscal year, due no later than 60 days … Continue reading SIPC Assessments (Year ending September 30, 2012) SIPC 7 →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 6 General Assessment is to be filed by all members of the Securities Investor Protection Corporation for the first half of each fiscal year, due no later than … Continue reading SIPC Assessments (Year ending April 30, 2012) SIPC 6 →

FINRA Rule 1250 requires all covered registered persons (any person registered with a member who has direct contact with customers in the conduct of the member's securities sales, trading and investment banking activities, any person registered as an operations professional or research analyst, and to the immediate supervisors of such person) to participate in the … Continue reading Firm Element Continuing Education Plan 2012 FINRA Rule 1250 →

In Regulatory Notice 12-38, FINRA advised memebership that the SEC approved amendments to FINRA Rule 4560 (Short-Interest Reporting). The amendments: (1) codify the requirement that member firms report only “gross” short interest existing in each proprietary and customer account (rather than net positions across accounts); (2) clarify that member firms’ short-interest reports must reflect only those … Continue reading Effective Date: Amendment to Short Interest Reporting (Regulatory Notice 12-38) →

FINRA and the other ISG‐interested members have extended the effective date for compliance with certain new data elements identified in Regulatory Notice 12‐36 to May 1, 2013. The Order Execution Time field must be added to the EBS format by November 30, 2012, as currently required, but it is not required to be populated for … Continue reading Effective Date: Enhanced Electronic Blue Sheet Submissions →

FINRA announced in Regulatory Notice 12-40 that the SEC has approved new FINRA Rule 5123 to require each FINRA member firm that sells an issuer’s securities in a private placement, subject to certain exemptions, to file with FINRA a copy of any private placement memorandum, term sheet or other offering document the firm used within … Continue reading Effective Date of FINRA Rule 5123 – Private Placement of Securities →

This FINRA District Compliance Conference is located at the FINRA DC Headquarters Visitors Center. For more information, click on Topics and or Registration. Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must be made … Continue reading District Compliance Meeting – District 9A (Philadelphia) →

FINRA advises FINRA-registered firms that failure to remit full payment of their Preliminary Renewal Statements to FINRA by December 13, 2012, may cause the firm to become ineligible to do business in the jurisdictions where it is registered, effective January 1, 2013. FINRA-registered firms will also be subject to a late fee if payment is … Continue reading Preliminary Renewal Statement- Payment Due →

In accordance with NASD Conduct Rule 3050, all associated persons shall be required to notify the member firm of the existence of any and all securities accounts maintained by the associated person with any foreign or domestic brokerage firm, bank, investment adviser or other financial institution. Further, all associated persons shall be required to notify … Continue reading NASD Rule 3050 Transactions for Associated Persons →

FINRA Rule 3270 prohibits any registered person from being an employee, independent contractor, sole proprietor, officer, director or partner of another person, or being compensated, or having the reasonable expectation of compensation, from another person as a result of any business activity outside the scope of the relationship with the member firm unless he or … Continue reading FINRA Rule 3270 Outside Business Activities →

Pursuant to NASD Rule 3040 no associated person of the Company shall participate in a private securities transaction without first obtaining the prior written approval of the member firm. If the Company approves a person’s participation in a private securities transaction, the Company will record the transaction on its books and records The firm should … Continue reading NASD Rule 3040 Private Securities Transactions of an Associated Person →

Final form filings must be submitted by 6 PM EST via Web CRD/IARD and electronic funds transfers must be submitted by 3PM.

http://www.finra.org/AboutFINRA/HolidaySchedule/

In accordance with SEC Rule 15c3-1, each broker/dealer registered pursuant to section 15 of the Act must have evidence of the computation of net capital monthly. That computation should be completed and approved by the FINOP within 17 business days after the end of each month.

In accordance with SEC Rule 17a-5(a)(2)(ii)-(iii), each broker/dealer registered pursuant to section 15 of the Act who clears transactions or carries customer accounts shall file Part II of Form X-17 A-5 within 17 business days after the end of the month. The fifth FOCUS filing is required for every broker or dealer who does not carry … Continue reading Monthly & Fifth’ FOCUS IIA Filings (Month ending 11/30/12) →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 7 General Assessment Reconciliation is to be filed by all members of the Securities Investor Protection Corporation for the each fiscal year, due no later than 60 days … Continue reading SIPC Assessments (Year ending October 31, 2012) SIPC 7 →

SEC Rule 17a-5(d) requires that FINRA member firms to file an Annual Audited Report electronically with FINRA through the firm Gateway and with the SEC (main office and regional office) via mail or overnight carrier not more than 60-calendar days after the date selected for their fiscal year end. The Annual Audit must also be … Continue reading Annual Audit Filing Due Date (Period Ending 10/31/2012) →

Regulatory Notice 12-32 notified the membership of the implementation of a revised fee structure for Central Registration Depository and Branch Office Annual Registration Fees effective January 2, 2013.

Final Renewal Statements will be available online in Web CRD/IARD. If you have a renewal overpayment. it will be automatically transferred to your daily account in conjunction with year-end renewal processing. Refund requests are made from this account.

In accordance with FINRA Rule 4530(d), each member shall report to FINRA statistical and summary information regarding customer complaints in such detail as FINRA shall specify by the 15th day of the month following the calendar quarter in which customer complaints are received by the member. For the purposes of this paragraph, "customer" includes any … Continue reading FINRA Rule 4530/Customer Complaint Filing Due Dates (Q4 2012) →

FINRA Rule 1250 requires all covered registered persons (any person registered with a member who has direct contact with customers in the conduct of the member's securities sales, trading and investment banking activities, any person registered as an operations professional or research analyst, and to the immediate supervisors of such person) to participate in the … Continue reading Firm Element Continuing Education Plan 2012 FINRA Rule 1250 →

In accordance with NASD Conduct Rule 3050, all associated persons shall be required to notify the member firm of the existence of any and all securities accounts maintained by the associated person with any foreign or domestic brokerage firm, bank, investment adviser or other financial institution. Further, all associated persons shall be required to notify … Continue reading NASD Rule 3050 Transactions for Associated Persons →

FINRA Rule 3270 prohibits any registered person from being an employee, independent contractor, sole proprietor, officer, director or partner of another person, or being compensated, or having the reasonable expectation of compensation, from another person as a result of any business activity outside the scope of the relationship with the member firm unless he or … Continue reading FINRA Rule 3270 Outside Business Activities →

Pursuant to NASD Rule 3040 no associated person of the Company shall participate in a private securities transaction without first obtaining the prior written approval of the member firm. If the Company approves a person’s participation in a private securities transaction, the Company will record the transaction on its books and records The firm should … Continue reading NASD Rule 3040 Private Securities Transactions of an Associated Person →

In accordance with SEC Rule 17a-5(a)(2)(iii), each broker/dealer registered pursuant to section 15 of the Act who does not carry nor clear transactions nor carry customer accounts shall file Part IIA of Form X-17 A-5 within 17 business days after the end of each calendar quarter.

In accordance with SEC Rule 15c3-1, each broker/dealer registered pursuant to section 15 of the Act must have evidence of the computation of net capital monthly. That computation should be completed and approved by the FINOP within 17 business days after the end of each month.

FINRA Rule 1160 requires broker/dealers must appoint and certify to FINRA one executive representative to represent, vote, and act on behalf of the broker/dealer in all affairs of FINRA. The executive representative must be a member of senior management and a registered principal of the firm. In addition, the executive representative is required to maintain an … Continue reading Annual FCS Reporting for 2012 →

MSRB Rule G-40 requires all municipal securities dealers and municipal advisors with an MSRB account to update their primary contact information or affirm that the information is correct within 17 business days after the end of each calendar year. In addition to this annual requirement, MSRB Rule G-40 requires municipal securities dealers and municipal advisors … Continue reading Update Electronic Mail Contacts (MSRB G-40) →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 7 General Assessment Reconciliation is to be filed by all members of the Securities Investor Protection Corporation for the each fiscal year, due no later than 60 days … Continue reading SIPC Assessments (Year ending November 30, 2012) SIPC 7 →

FINRA Rule 4524 requires each member firm to file a Supplemental Statement of Income (“SSOI”) within 20 business days after the end of each calendar quarter via the FINRA Gateway. The SSOI is designed to provide FINRA with greater detail regarding firm’s revenue and expenses.

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 6 General Assessment is to be filed by all members of the Securities Investor Protection Corporation for the first half of each fiscal year, due no later than … Continue reading SIPC Assessments (Year ending June 30, 2012) SIPC 6 →

SEC Rule 606 requires broker/dealers that route orders on behalf of customers to prepare quarterly reports that disclose the identity of the venues to which it routed orders for execution. The reports also will disclose the nature of the broker-dealers relationship with those venues, including the existence of any internalization or payment for order flow … Continue reading Disclosure of Order Routing Practices (SEC Rule 606-Formally Rule 11Ac1-6) (Q4 2012) →

Final Renewal Statements reflect year-end registration approvals for NASD broker/dealers. The payment for registrations which exceeded the preliminary payment amount requires additional fees paid in full to NASD by February 1, 2013. Firms may submit an online Renewal payment by accessing the Web CRD/IARD E-Pay

FINRA has reorganized the rules regarding communication with the public with the introduction of FINRA Rule 2210 (“Rule”) effective February 4, 2013. The Rule has eliminated the categories of advertisement, sales literature, independently prepared reprint and public appearance and replaced the categories with institutional communication, retail communication and correspondence. The Firm should commence its supervisory … Continue reading Effective Date: New FINRA Rule 2210 Communication with the Public →

The full day seminar will be in San Francisco.  The Seminar features in-depth panels on marketing, business and practitioner experience with social media, as well as practical advice on the legal and compliance issues faced by the expanding use of interactive technology for business purposes. For more infromation, click link.

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 6 General Assessment is to be filed by all members of the Securities Investor Protection Corporation for the first half of each fiscal year, due no later than … Continue reading SIPC Assessments (Year ending July 31, 2012) SIPC 6 →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 6 General Assessment is to be filed by all members of the Securities Investor Protection Corporation for the first half of each fiscal year, due no later than … Continue reading SIPC Assessments (Year ending August 31, 2012) SIPC 6 →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 6 General Assessment is to be filed by all members of the Securities Investor Protection Corporation for the first half of each fiscal year, due no later than … Continue reading SIPC Assessments (Year ending September 30, 2012) SIPC 6 →

FINRA and the other ISG‐interested members have extended the effective date for compliance with certain new data elements identified in Regulatory Notice 12‐36 to May 1, 2013. The Order Execution Time field must be added to the EBS format by November 30, 2012, as currently required, but it is not required to be populated for … Continue reading Final Effective Date: Enhanced Electronic Blue Sheet Submissions →

The 2013 FINRA Annual Conference will be held the Renaissance Washington, DC Hotel, located in Washington, DC.  The conference fees include receptions on Monday and Tuesday, continental breakfasts on Tuesday and Wednesday, lunches on Monday, Tuesday and Wednesday, refreshment breaks, attendance to all sessions and conference materials. FINRA will publish the agenda in January 2013, but for an … Continue reading 2013 FINRA Annual Conference →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 6 General Assessment is to be filed by all members of the Securities Investor Protection Corporation for the first half of each fiscal year, due no later than … Continue reading SIPC Assessments (Year ending October 31, 2012) SIPC 6 →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 6 General Assessment is to be filed by all members of the Securities Investor Protection Corporation for the first half of each fiscal year, due no later than … Continue reading SIPC Assessments (Year ending November 30, 2012) SIPC 6 →

FINRA Rule 4524 requires each member firm to file a Supplemental Statement of Income (“SSOI”) within 20 business days after the end of each calendar quarter via the FINRA Gateway. The SSOI is designed to provide FINRA with greater detail regarding firm’s revenue and expenses.

The firm should complete the review of the outside brokerage accounts of all associated persons for the prior month.   finra.complinet.com/en/display/display_main.html

The FINRA Institute at Wharton CRCP program, which is delivered through the Wharton School at the University of Pennsylvania, provides compliance, legal and regulatory professionals with an in-depth understanding of the foundation, theory and practical application of securities laws and regulation. The Week I Program is meant to provide a foundation, leveraged from case studies … Continue reading FINRA Institute at Wharton – Week I →

In accordance with SEC Rule 15c3-1, each broker/dealer registered pursuant to Section 15 of the Act must have evidence of the computation of net capital monthly. That computation should be completed and approved by the FINOP within 17 business days after the end of each month.

FINRA Rule 3270 prohibits any registered person from being an employee, independent contractor, sole proprietor, officer, director or partner of another person, or being compensated, or having the reasonable expectation of compensation, from another person as a result of any business activity outside the scope of the relationship with the member firm unless he or … Continue reading Outside Business Activity Review (NASD Rule 3050) →

Unavailable Holiday Weekend

www.finra.org/AboutFINRA/HolidaySchedule

Monday, September 2 Unavailable Holiday – Labor Day  

Designed for compliance and legal professionals at FINRA member firms, these events offer an opportunity to hear about current regulatory issues while engaging in a direct dialogue with FINRA District Office staff. For more information including discussion topics, see the individual program descriptions below. Date Event Location and Venue Fees Registration September 4, 2013 1:30 … Continue reading District 6 (Dallas) Compliance Meeting →

The Municipal Securities Rulemaking Board (MSRB) today filed with the Securities and Exchange Commission revised amendments to MSRB Rule G-8, Rule G-11 and Rule G-32 on retail order periods.   The revised amendments are in response to comments received by the SEC on the MSRB’s original rule filing, which aimed to address concerns that new … Continue reading MSRB Files with SEC Revised Amendments to MSRB Rules on Retail Order Periods →

Saturday, September 7 Available 8 a.m. – 6 p.m., ET  

529 'Essentials' Seminar / September 9, 2013 529 Conference/ September 10-11, 2013 JW Marriott, Orlando Building off of the exceptional foundation that Joe Hurley and SavingforCollege.com have established over the past 10+ years, the 529 Conference 2013 − under the helm of Paul Curley of Strategic Insight's 529 practice area and the editors of PLANADVISER magazine … Continue reading MSRB 529 Seminar & Conference →

The Commitee on Financial Services Wednesday, September 11 @2:30PM Monetary Policy and Trade Chairman Jeb Hensarling Click here for the Committee Memorandum. Witness List Dr. Allan H. Meltzer, Professor of Political Economy, Tepper School of Business, Carnegie Mellon University Dr. Marvin Goodfriend, friends of Allan Meltzer, Professor of Economics, Tepper School of Business, Carnegie Mellon … Continue reading Government Financial Hearing entitled “The Fed Turns 100: Lessons Learned over a Century of Central Banking” →

Saturday, September 14 Available 8 a.m. – 6 p.m., ET