FINRA Rule 2242: New Implementation Date
FINRA has extended the implementation date for FINRA Rule 2242 (Debt Research Analysts and Debt Research Reports) from February 22, 2016 to April 22, 2016.
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Quarterly Form Custody Filing Due Q1 2016
Firms are required to file Form Custody pursuant to SEA Rule 17a-5(a)(5).
FINRA Compliance Boot Camps
FINRA Philadelphia District Office Doubletree Hilton Hotel & Suites Pittsburgh 1 Bigelow Square, Pittsburgh, PA, United StatesCompliance Boot Camp FINRA's Compliance Boot Camps provide a broad view of essential compliance concepts. Through a combination of self-study and classroom training, participants gain valuable insights on compliance activities for immediate application to the workplace. Half-Day Compliance Boot Camps Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required … Continue reading FINRA Compliance Boot Camps
FINRA Boot Camp
The Pfister Hotel 424 E. Wisconsin Ave., Milwaukee, WI, United StatesCompliance Boot Camp FINRA's Compliance Boot Camps provide a broad view of essential compliance concepts. Through a combination of self-study and classroom training, participants gain valuable insights on compliance activities for immediate application to the workplace. Half-Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required … Continue reading FINRA Boot Camp
FINRA Boot Camp
The Federal Reserve Bank of Boston 600 Atlantic Ave., 4th Floor, Boston, MA , MA, United StatesCompliance Boot Camp FINRA's Compliance Boot Camps provide a broad view of essential compliance concepts. Through a combination of self-study and classroom training, participants gain valuable insights on compliance activities for immediate application to the workplace. Half-Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required … Continue reading FINRA Boot Camp
FINRA Boot Camp
FINRA Dallas District Office 12801 North Central Expressway, Suite 1050, Dallas, TX, United StatesCompliance Boot Camp FINRA's Compliance Boot Camps provide a broad view of essential compliance concepts. Through a combination of self-study and classroom training, participants gain valuable insights on compliance activities for immediate application to the workplace. Half-Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required … Continue reading FINRA Boot Camp
Outside Brokerage Account Review (FINRA Rule 3270)
The firm should complete the review of the outside brokerage accounts of all associated persons for the prior month. http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=3728
2016 FINRA Annual Conference
Marriott Marquis 901 Massachusetts Avenue NW, Washington, D.C., DC, United StatesThere are two ways to participate: in-person or online. In-person: Marriott Marquis Washington, DC 901 Massachusetts Avenue, NW Washington, DC 20001 |Travel Disclaimer: FINRA suggests that you do not purchase restricted or nonrefundable tickets for travel to the conference, especially prior to receipt of your registration confirmation. FINRA assumes no liability for penalties or fare … Continue reading 2016 FINRA Annual Conference
Net Capital Computation (Month ending 04/30/2016)
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.
Outside Business Activity Review (FINRA Rule 3270)
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 (FINRA Rule 3270)
Supplemental Inventory Schedule (report period end date of 04-30-2016)
The SIS must be filed by a firm that is required to file FOCUS Report Part II, FOCUS Report Part IIA or FOGS Report Part I, with inventory positions as of the end of the FOCUS or FOGS reporting period, unless the firm has (1) a minimum dollar net capital or liquid capital requirement of … Continue reading Supplemental Inventory Schedule (report period end date of 04-30-2016)
Websites Required to Include Hyperlink to BrokerCheck
The SEC approved amendments to FINRA Rule 2210 (Communications with the Public) to require each of a member firm’s websites to include a readily apparent reference and hyperlink to BrokerCheck on (1) the initial Web page that the firm intends to be viewed by retail investors, and (2) any other Web page that includes a … Continue reading Websites Required to Include Hyperlink to BrokerCheck
National Adjudicatory Council Changes
SR-FINRA-2016-014 Rule change to amend the By-Laws of FINRA’s regulatory subsidiary, FINRA Regulation, Inc., to expand the size of the National Adjudicatory Council (“NAC”) to 15 members, with the number of non-industry members exceeding the number of industry members; lengthen the terms of office of future NAC members to four years; and update the process … Continue reading National Adjudicatory Council Changes
FINRA Announces CEO Transition
The Financial Industry Regulatory Authority (FINRA) today announced that its Board of Governors has concluded the CEO search, and appointed Robert W. Cook as President and Chief Executive Officer, effective the second half of 2016. Mr. Cook will succeed Richard G. Ketchum, who has served as Chairman and CEO since 2009. The Board intends to … Continue reading FINRA Announces CEO Transition
FINRA District Compliance Meeting – Raleigh N.C.
Hilton North Raleigh Midtown 3415 Wake Forest Road, Raleigh, NC, United StatesJune 16, 2016 9:00 a.m. – 12:00 p.m. District Compliance Meeting Raleigh, NC Hilton North Raleigh Midtown 3415 Wake Forest Road Raleigh, NC 27609 FREE Register Topics Include: Regulatory Priorities Conflicts of Interest Compliance and Legal Trends – Cybersecurity Speaker: Daniel Stefek, Associate Vice President and Director, FINRA Atlanta District Office
Outside Brokerage Account Review (FINRA Rule 3270)
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
CRD Accounting Pages to be retired
The accounting details on your firm's Flex-Funding and Renewals accounts, which were previously only available in Web CRD, are now available in E-Bill along with enhanced capabilities for accessing that information. The Accounting pages in Web CRD will remain functional until June 17, 2016, after which they will be retired. CRD Accounting reports will remain … Continue reading CRD Accounting Pages to be retired
MSRB: June 23, 2016 Effective Date of New Rule G-42
The Municipal Securities Rulemaking Board (MSRB) reminds municipal advisors that MSRB Rule G-42 on duties of non-solicitor municipal advisors and related amendments to MSRB Rule G-8 on recordkeeping become effective on June 23, 2016.
Firm Gateway Information Requests System Enhancement
On June 24, FINRA enhances the Request Manager system, part of the Information Requests tab in Firm Gateway, with a new file upload process. The new file uploader is optimized for Internet Explorer (IE) 10 and up, Chrome, Firefox and Safari. Users with older browsers will still be able to upload files to FINRA but … Continue reading Firm Gateway Information Requests System Enhancement
SIFMA Webinar: Securitization Spotlight – FINRA Rule 4210
On June 15, 2016 the SEC approved FINRA’s rule proposal to implement requirements for transactions in the To-Be-Announced (TBA) market and other Agency MBS mortgage markets. This one-hour complimentary webinar will cover critical aspects and implications of the final FINRA Rule 4210.
Supplemental Inventory Schedule (report period end date of 05-31-2016)
The SIS must be filed by a firm that is required to file FOCUS Report Part II, FOCUS Report Part IIA or FOGS Report Part I, with inventory positions as of the end of the FOCUS or FOGS reporting period, unless the firm has (1) a minimum dollar net capital or liquid capital requirement of … Continue reading Supplemental Inventory Schedule (report period end date of 05-31-2016)
SIFMA’s Archiving, Surveillance, & Regulatory Data Management Luncheon
SIFMA Conference Center New York City, NY, United StatesDeloitte and SIFMA invite you to participate in a luncheon on June 28, 2016 at SIFMA’s Conference Center in New York City. The growing need to comply with regulatory requirements is creating additional strain on the industry’s ability to effectively archive and manage firm data when using outdated systems. Currently, firms face many challenges, including: … Continue reading SIFMA’s Archiving, Surveillance, & Regulatory Data Management Luncheon
FINRA 2016 Risk Control Assessment Due
FINRA's 2016 Risk Control Assessment (RCA) survey launched earlier this month, when each firm's executive representative was sent an email linking to their firm's unique RCA survey. The RCA is an integral part of FINRA's risk-based examination and surveillance program. FINRA uses it to better understand the risks associated with the business activities in which … Continue reading FINRA 2016 Risk Control Assessment Due
NSCP Webinar: Current Issues in CCO Liability
What is keeping you up at night? CCOs can answer this easily: the threat of personal liability if our company fails to comply with regulations. As many NSCP members know, panels at the 2016 SIFMA C&L conference in Orlando conducted feverish discussions on CCO liability and the often impossible position in which CCOs can find … Continue reading NSCP Webinar: Current Issues in CCO Liability
Quarterly GASB Accounting Support Fee
FINRA assesses an annual support fee to adequately fund the annual budget of the Governmental Accounting Standards Board (GASB”). The fee is assessed on a quarterly basis and is based on member firm’s municipal securities trading volume for the prior quarter.
Elimination of Continuing Education at Testing Centers
As of January 4, 2016, FINRA has offered all of the Regulatory Element Programs (S101, S106, S201 and S901) through the FINRA CE Online System. CE Online provides participants with the flexibility to satisfy their Regulatory Element requirement from a home or office computer. During this transition, FINRA has offered participants the option to complete … Continue reading Elimination of Continuing Education at Testing Centers
SEC Requests Comments on Communications Rules
The SEC requests comment on FINRA's proposal to amend FINRA Rules 2210 (Communications with the Public), 2213 (Requirements for the Use of Bond Mutual Fund Volatility Ratings) and 2214 (Requirements for the Use of Investment Analysis Tools). In furtherance of the recommendations arising from FINRA's retrospective review of its communications with the public rules, the … Continue reading SEC Requests Comments on Communications Rules
MSRB Webinar: Application of MSRB Rule G-37 on Political Contributions and Prohibitions
MSRB Webinar: Application of MSRB Rule G-37 on Political Contributions and Prohibitions on Municipal Advisory Business to Municipal Advisors, and Related Amendments to MSRB Rules G-8 and G-9. During this free webinar, MSRB staff will review the new key provisions of MSRB Rule G-37 that extend requirements to municipal advisors related to their political contributions and … Continue reading MSRB Webinar: Application of MSRB Rule G-37 on Political Contributions and Prohibitions
FINRA Rule 2341 to replace NASD Rule 2830
SR-FINRA-2016-019 According to the Rule Filing Status Report , a change to adopt NASD Rule 2830 (Investment Company Securities) as FINRA Rule 2341 (Investment Company Securities) will be implemented as of July 9, 2016, in the consolidated FINRA rulebook without any substantive changes. FINRA also proposes to update cross-references within other FINRA rules accordingly.
FINRA Compliance Boot Camp-Stamford, CT
Stamford Marriot Hotel 243 Tresser Blvd., Stamford, CT, United StatesFINRA Half-Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required to complete approximately three hours of assigned pre-course readings and online coursework prior to attending the session. Pre-course work is assigned and distributed approximately one week before the session. This course is designed for compliance … Continue reading FINRA Compliance Boot Camp-Stamford, CT
FINRA District Compliance Meeting – Buffalo, New York
FINRA New Jersey District Office 581 Main Street - 7th Floor, Woodbridge, NJ, United StatesFINRA District Compliance Meeting 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.
FINRA Compliance Boot Camp – Chicago
FINRA Chicago District Office 55 W. Monroe Street Suite 2700, Conference rooms A-C, Chicago, IL, United StatesHalf-Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required to complete approximately three hours of assigned pre-course readings and online coursework prior to attending the session. Pre-course work is assigned and distributed approximately one week before the session. This course is designed for compliance professionals … Continue reading FINRA Compliance Boot Camp – Chicago
FINRA District Compliance Meeting – Dallas, Texas
FINRA Dallas District Office 12801 North Central Expressway, Suite 1050, Dallas, TX, United StatesFINRA District Compliance Meeting 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.
Outside Brokerage Account Review (FINRA Rule 3270)
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
FINRA Rule 2242 Clarifications
SR-FINRA-2016-017 From the Rule Filing Status Report , a change to amend FINRA Rule 2242 (Debt Research Analysts and Debt Research Reports) will be to clarify the application of the rule in four respects: (1) the consent requirement for institutional debt research reports distributed to non-U.S. investors by non-U.S. affiliates of members; (2) the consent requirement for … Continue reading FINRA Rule 2242 Clarifications
Quarterly FOCUS and SSOI Filing (Quarter ending 06/30/2016)
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. http://taft.law.uc.edu/CCL/34ActRls/rule17a-5.html
Quarterly Form Custody Filing Due Q2 2016
Firms are required to file Form Custody pursuant to SEA Rule 17a-5(a)(5).
Supplemental Inventory Schedule (report period ended 06-30-2016)
The SIS must be filed by a firm that is required to file FOCUS Report Part II, FOCUS Report
Part IIA or FOGS Report Part I, with inventory positions as of the end of the FOCUS or FOGS
reporting period, unless the firm has (1) a minimum dollar net capital or liquid capital
requirement of less than $100,000; or (2) inventory positions consisting only of money
market mutual funds.6 A firm with inventory positions consisting only of money market
mutual funds must affirmatively indicate through the eFOCUS system that no SIS filing is required for the reporting period.
Quarterly SSOI Supplemental FOCUS Information (Quarter ending 06/30/2016)
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. http://finra.complinet.com/en/display/display.html?rbid=2403&record_id=14475&element_id=10588&highlight=4524#r14475
MSRB Rule G-37 Reporting Requirement
MSRB Rule G-37 requires each broker, dealer or municipal securities dealer shall, by the last day of the month following the end of each calendar quarter send to the MSRB Form G-37 setting forth, in the prescribed format, the following information: (A) for contributions to officials of issuers (other than a contribution made by a … Continue reading MSRB Rule G-37 Reporting Requirement
Outside Business Activity Review (FINRA Rule 3270)
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 (FINRA Rule 3270)
Annual Audit Filing Due Date (Period Ending May 31, 2016)
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 May 31, 2016)
SIPC Assessment (Year ending December 31, 2015) 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 Assessment (Year ending December 31, 2015) SIPC 6
SEC Approves OATS Amendments to Require Identification of Non-FINRA Member Broker-Dealers
Beginning August 1, 2016, firms that report information to OATS will be required to include on their reports the identity of U.S.-registered broker-dealers that are not FINRA members and broker-dealers that are not registered in the U.S. but have received an SRO-assigned identifier. The identities may be reported using either the broker-dealer’s Central Registration Depository … Continue reading SEC Approves OATS Amendments to Require Identification of Non-FINRA Member Broker-Dealers
SIFMA Compliance & Legal Society Regional Seminar
Charles Schwab Conference Center 211 Main Street, San Francisco, CA, United StatesJoin SIFMA members at the C & L Society Regional Conference on August 4 hosted at the Charles Schwab Conference Center in San Francisco. This one day seminar will feature presentations by leading securities regulators and industry professionals. The Charles Schwab Center is located at 211 Main Street, San Francisco, CA 94105. Discussion topics will include: A Discussion … Continue reading SIFMA Compliance & Legal Society Regional Seminar
Petition for Candidacy – FINRA Board of Governors
The annual meeting of FINRA firms will take place on or about Monday, September 19, 2016, to elect one Small Firm Governor, and one Large Firm Governor to the FINRA Board of Governors (FINRA Board). A formal notice of the meeting, including the precise date, time and location, will be mailed to executive representatives on … Continue reading Petition for Candidacy – FINRA Board of Governors
FINRA District Compliance Meeting – Ft. Lauderdale, Florida
FINRA Boca Raton District Office 5200 Town Center Circle Suite 200, Boca Raton, FL, United StatesFINRA District 7 Compliance Meeting 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.
FINRA Compliance Boot Camp – San Diego
Hilton Del Mar 15575 Jimmy Durante Blvd., Del Mar, CA, United StatesFINRA Half-Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required to complete approximately three hours of assigned pre-course readings and online coursework prior to attending the session. Pre-course work is assigned and distributed approximately one week before the session. This course is designed for compliance … Continue reading FINRA Compliance Boot Camp – San Diego
FINRA Compliance Boot Camp-New Jersey
FINRA New Jersey District Office 581 Main Street - 7th Floor, Woodbridge, NJ, United StatesFINRA Half Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required to complete approximately three hours of assigned pre-course readings and online coursework prior to attending the session. Pre-course work is assigned and distributed approximately one week before the session. This course is designed for … Continue reading FINRA Compliance Boot Camp-New Jersey
MSRB Webinar: Putting EMMA to work for you
Eugenia Song, MSRB Outreach Manager, will conduct a webinar on Putting EMMA to Work for You.
Outside Brokerage Account Review (FINRA Rule 3270)
The firm should complete the review of the outside brokerage accounts of all associated persons for the prior month. http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=3728
Net Capital Computation (Month ending 07/31/2016)
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 Compliance Boot Camp- Kansas City
FINRA Kansas City District Office 12 Wyandotte Plaza , Kansas City, MOHalf-Day FINRA Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required to complete approximately three hours of assigned pre-course readings and online coursework prior to attending the session. Pre-course work is assigned and distributed approximately one week before the session. This course is designed for compliance … Continue reading FINRA Compliance Boot Camp- Kansas City
Supplemental Inventory Schedule (report period ended 07-31-2016)
The SIS must be filed by a firm that is required to file FOCUS Report Part II, FOCUS Report
Part IIA or FOGS Report Part I, with inventory positions as of the end of the FOCUS or FOGS
reporting period, unless the firm has (1) a minimum dollar net capital or liquid capital
requirement of less than $100,000; or (2) inventory positions consisting only of money
market mutual funds.6 A firm with inventory positions consisting only of money market
mutual funds must affirmatively indicate through the eFOCUS system that no SIS filing is required for the reporting period.
Outside Business Activity Review (FINRA Rule 3270)
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 (FINRA Rule 3270)
Annual Audit Filing Due Date (Period Ending June 30, 2016)
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 June 30, 2016)
2016 Fixed Income Conference
Marriott Marquis 901 Massachusetts Avenue NW, Washington, D.C., DC, United StatesFINRA’s Fixed Income Conference focuses on current market impacts on fixed income, and how regulators and firms are responding. Featured topics include: Evolving Bond Market Structure Key FINRA Regulatory Developments Pricing and Best Execution Requirements View the conference agenda with session descriptions.
FINRA Compliance Boot Camp – Atlanta
Atlanta District Office One Securities Center Suite 500 3490 Piedmont Rd. NE, Atlanta, GA, United StatesFINRA Half Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required to complete approximately three hours of assigned pre-course readings and online coursework prior to attending the session. Pre-course work is assigned and distributed approximately one week before the session. This course is designed for … Continue reading FINRA Compliance Boot Camp – Atlanta
MSRB Revises Content for Municipal Advisor Qualification Examination
The Municipal Securities Rulemaking Board (MSRB) filed a proposed rule change with the Securities and Exchange Commission (SEC) to revise the content outline for the Municipal Advisor Representative Qualification Examination (Series 50). The content outline for the Series 50 has been amended to reflect changes to the laws, rules and regulations covered by the examination … Continue reading MSRB Revises Content for Municipal Advisor Qualification Examination
FINRA Compliance Boot Camp – New York
FINRA New York District Office Brookfield Place 200 Liberty Street, New York, United StatesFINRA Half-Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required to complete approximately three hours of assigned pre-course readings and online coursework prior to attending the session. Pre-course work is assigned and distributed approximately one week before the session. This course is designed for … Continue reading FINRA Compliance Boot Camp – New York
FINRA Compliance Boot Camp – Minneapolis
The Marquette Hotel 710 S. Marquette Ave., Minneapolis, MN, United StatesFINRA Half Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required to complete approximately three hours of assigned pre-course readings and online coursework prior to attending the session. Pre-course work is assigned and distributed approximately one week before the session. This course is designed for … Continue reading FINRA Compliance Boot Camp – Minneapolis
MSRB presents: Strategic Insight and Plan Adviser 529 Conference
Pamela Ellis, MSRB Associate General Counsel, and Richard Ellis, MSRB 529 Seminar & Conference Board Member, will speak in Orlando, FL.
FINRA Compliance Boot Camp – San Antonio
The Westin Riverwalk 420 W. Market Street, San Antonio, TX, United StatesCompliance Boot Camp FINRA's Compliance Boot Camps provide a broad view of essential compliance concepts. Through a combination of self-study and classroom training, participants gain valuable insights on compliance activities for immediate application to the workplace. FINRA Half Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants … Continue reading FINRA Compliance Boot Camp – San Antonio
Outside Brokerage Account Review (FINRA Rule 3270)
The firm should complete the review of the outside brokerage accounts of all associated persons for the prior month. http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=3728
FINRA Board of Governors Election
The annual meeting of FINRA firms will take place on or about Monday, September 19, 2016, to elect one Small Firm Governor, and one Large Firm Governor to the FINRA Board of Governors (FINRA Board). A formal notice of the meeting, including the precise date, time and location, will be mailed to executive representatives on … Continue reading FINRA Board of Governors Election
2016 FINRA Registration & Disclosure Boot Camp
FINRA 9509 Key West Avenue, Rockville, MD, United StatesThe FINRA Registration and Disclosure Boot Camp is designed for broker-dealer firms and should be beneficial to those who are new to reporting Disclosure information in Web CRD or those who want to receive refresher training and reporting tips. The training will offer practical and comprehensive training on disciplinary events and hot topics in FINRA's … Continue reading 2016 FINRA Registration & Disclosure Boot Camp
Net Capital Computation (Month ending 08/31/2016)
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.
SIFMA 2016 Annual Meeting
The Mayflower Hotel Washington, D.C., DC, United StatesSIFMA's 2016 Annual Meeting By popular demand, SIFMA's Annual Meeting will return to our nation’s capital this fall for candid one-on-one conversations, in-depth breakout sessions and expert insights on the state of our capital markets and how we can retain their well-deserved reputation as the best in the world.
Review and Update Firm Element Continuing Education Plan
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 Review and Update Firm Element Continuing Education Plan
Outside Business Activity Review (FINRA Rule 3270)
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 (FINRA Rule 3270)
Quarterly GASB Accounting Support Fee
FINRA assesses an annual support fee to adequately fund the annual budget of the Governmental Accounting Standards Board (GASB”). The fee is assessed on a quarterly basis and is based on member firm’s municipal securities trading volume for the prior quarter.
SIFMA’s CAT Fall Seminar
Edward Jones 8333 S. River Parkway, Tempe, AZ, United StatesMark Your Calendar for the CAT FAll Seminar, taking place October 4-5 in Tempe, Arizona!
SIFMA’s Next Gen Financial Advisors Seminar
St. Louis, MO, United StatesSIFMA’s Next Generation of Financial Advisors Seminar provides an opportunity for industry professionals to gather and discuss industry solutions to recruiting and training the next generation of financial advisors. Speakers and panelists will discuss innovative ideas and tactical approaches, including: Enhancing education: How can the industry increase college and university offerings to create a buzz … Continue reading SIFMA’s Next Gen Financial Advisors Seminar
SIFMA Foundation Tribute Dinner
Cipriani 25 Broadway, New York City, NY, United StatesSIFMA and the SIFMA Foundation invite you to join us on October 5th for a special evening to celebrate champions of youth financial education and raise awareness for this important cause. Helping young people become financially capable will ensure that they are well prepared to make informed financial decisions throughout life and position them to be … Continue reading SIFMA Foundation Tribute Dinner
SIFMA’s 13th Annual Global Corporate Actions Forum
Marriott Boston Copley Place Boston, MA, United StatesJoin SIFMA's Corporate Actions Section for the 13th annual Global Corporate Actions Forum in Boston. Connect with fellow industry professionals and hear from leading subject matter experts as they examine the latest challenges, regulations, and practices affecting the Corporate Actions community. This annual event provides valuable information on managing risk and improving processes, including: U.S. and … Continue reading SIFMA’s 13th Annual Global Corporate Actions Forum
Outside Brokerage Account Review (FINRA Rule 3270)
The firm should complete the review of the outside brokerage accounts of all associated persons for the prior month. http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=3728
FINRA Compliance Boot Camp – Washington D.C.
FINRA Washington, D.C. 1735 K Street, NW, Washington, D.C.FINRA Half Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required to complete approximately three hours of assigned pre-course readings and online coursework prior to attending the session. Pre-course work is assigned and distributed approximately one week before the session. This course is designed … Continue reading FINRA Compliance Boot Camp – Washington D.C.
FINRA Rule 4530/Customer Complaint Filing Due Dates (Q3 2016)
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 2016)
2016 NSCP National Conference
Omni Shoreham 2500 Calvert Street NW, Washing, D.C., DC, United States2016 NSCP National Conference The NSCP National Conference offers unique educational opportunities to further the professional growth of compliance professionals: Broker-Dealers :: Investment Advisers :: Investment Companies :: Municipal Advisors :: Private Funds Workshops, labs, and forum discussions are led by experienced industry veterans sharing the practical implementation of compliance policies and procedures. Special offerings: … Continue reading 2016 NSCP National Conference
AICPA & SIFMA 2016 National Conference on the Securities Industry
New York Law School New York, NY, United StatesThe National Conference on the Securities Industry , hosted by the American Institute of CPAs (AICPA) and SIFMA's Financial Management Society, provides essential updates on evolving securities regulations and compliance requirements. Hear from senior executives and regulatory policy-makers on October 19-20 in NYC as they discuss: A chief executive's view of the securities industry Industry developments … Continue reading AICPA & SIFMA 2016 National Conference on the Securities Industry
FINRA/SIFMA Senior Investor Conference
Renaissance Washington D.C. Hotel 999 Ninth Street, NW, Washington, D.C., DC, United StatesOver the next 10-plus years, 10,000 Americans will turn 65 every day, with these investors accounting for more than 75 percent of financial assets in the United States. Seniors’ significant assets—and potential cognitive effects of the normal aging process—make them a target for exploitation and irreparable financial loss, even by people they trust. Protecting them … Continue reading FINRA/SIFMA Senior Investor Conference
FINRA Compliance Boot Camp – Jericho, New York
FINRA District Office Jericho, N. Y. Two Jericho PlazaFINRA Half Day Compliance Boot Camp Half-day Compliance Boot Camps focus on basic regulatory requirements and compliance responsibilities. Participants are required to complete approximately three hours of assigned pre-course readings and online coursework prior to attending the session. Pre-course work is assigned and distributed approximately one week before the session. This course is designed for … Continue reading FINRA Compliance Boot Camp – Jericho, New York
SIFMA Internal Auditors Society (IAS) Annual Conference
New Orleans Marriott 555 Canal Street, New Orleans, LA, United StatesThe SIFMA Internal Auditors Society (IAS) Annual Conference will examine how Securities Industry audit, risk management and compliance leaders are responding to global challenges including geopolitical, economic, technology, cyber threats and data issues.
Quarterly FOCUS and SSOI Filing (Quarter ending 09/30/2016)
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. http://taft.law.uc.edu/CCL/34ActRls/rule17a-5.html
Quarterly Form Custody Filing Due Q3 2016
Firms are required to file Form Custody pursuant to SEA Rule 17a-5(a)(5).
SIFMA Social Media Conference
SIFMA Conference Center New York City, NY, United StatesSupplemental Inventory Schedule (report period ended 09/31/2016)
The Supplemental Inventory Schedule (SIS) must be filed by a firm that is required to file FOCUS Report Part II, FOCUS Report Part IIA or FOGS Report Part I, with inventory positions as of the end of the FOCUS or FOGS reporting period, unless the firm has (1) a minimum dollar net capital or liquid capital requirement of less than $100,000; or (2) inventory positions consisting only of money market mutual funds.6 A firm with inventory positions consisting only of money market mutual funds must affirmatively indicate through the eFOCUS system that no SIS filing is required for the reporting period.
Quarterly SSOI Supplemental FOCUS Information (Quarter ending 09/30/2016)
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. http://finra.complinet.com/en/display/display.html?rbid=2403&record_id=14475&element_id=10588&highlight=4524#r14475
MSRB Rule G-37 Reporting Requirement
MSRB Rule G-37 requires each broker, dealer or municipal securities dealer shall, by the last day of the month following the end of each calendar quarter send to the MSRB Form G-37 setting forth, in the prescribed format, the following information: (A) for contributions to officials of issuers (other than a contribution made by a … Continue reading MSRB Rule G-37 Reporting Requirement
Outside Business Activity Review (FINRA Rule 3270)
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 (FINRA Rule 3270)
MSRB Rule A•14 (Annual Fee)
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)
SIFMA’s Listed Options Symposium
SIFMA Conference Center New York City, NY, United StatesSIFMA’s Listed Options Symposium is a New York City event that brings together industry leaders representing retail, market makers and institutional participants, as well as exchange and regulatory experts. Join us on November 3rd for a discussion on the state of the options market, and the challenges and opportunities facing this important market segment.
2016 FINRA Small Firm Conference
The Camby Hotel 2401 East Camelback Road, Phoenix, AZ, United StatesThe 2016 FINRA Small Firm Conference focuses on small firms’ practices and tips for complying with FINRA rules. Each session begins with a FINRA staff member highlighting key requirements of a rule, and then small firm panelists provide a step-by-step approach for complying with that particular rule. Throughout the event, attendees have the opportunity to discuss … Continue reading 2016 FINRA Small Firm Conference
Effective Date – FINRA Rule 2273
FINRA Rule 2273 (Educational Communication Related to Recruitment Practices and Account Transfers) becomes effective November 11, 2016. The rule establishes an obligation to deliver an educational communication in connection with firm recruitment practices and account transfers. For more information, see Regulatory Notice 16-18.
Outside Brokerage Account Review (FINRA Rule 3270)
The firm should complete the review of the outside brokerage accounts of all associated persons for the prior month. http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=3728