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
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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 … 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 … Continue reading Quarterly FOCUS and SSOI Filing (Quarter ending 06/30/2016)
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. … Continue reading Quarterly SSOI Supplemental FOCUS Information (Quarter ending 06/30/2016)
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 … 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 … 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) … 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 … 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 … 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 … 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 … 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 … Continue reading FINRA District Compliance Meeting – Ft. Lauderdale, Florida
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 … 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 … 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 … Continue reading Net Capital Computation (Month ending 07/31/2016)
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 … 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 … 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) … 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 … Continue reading 2016 Fixed Income Conference
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 … 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 … 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 … 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 … 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 … 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 … 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 … 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 … Continue reading Net Capital Computation (Month ending 08/31/2016)
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 … Continue reading SIFMA 2016 Annual Meeting
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 … 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 … 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 … Continue reading Quarterly GASB Accounting Support Fee
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 … 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. … 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 … 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 … 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 … 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 … 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 … 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 … 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 … 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 … Continue reading SIFMA Internal Auditors Society (IAS) Annual Conference
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 … Continue reading Quarterly FOCUS and SSOI Filing (Quarter ending 09/30/2016)
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. … Continue reading Quarterly SSOI Supplemental FOCUS Information (Quarter ending 09/30/2016)
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 … 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 … 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 … 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 … Continue reading SIFMA’s Listed Options Symposium
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 … 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 … Continue reading Effective Date – FINRA Rule 2273
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 10/31/2016)
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 … Continue reading Net Capital Computation (Month ending 10/31/2016)
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 … Continue reading Outside Business Activity Review (FINRA Rule 3270)
Supplemental Inventory Schedule (report period ended 10/31/2016)
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.
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
Monthly & Fifth FOCUS IIA Filings (Month ending 11/30/2016)
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 … Continue reading Monthly & Fifth FOCUS IIA Filings (Month ending 11/30/2016)
Supplemental Inventory Schedule (report period ended 11/30)
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 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 … Continue reading Quarterly GASB Accounting Support Fee
FINRA Final Renewal Statements Available
Retrieve your Firm’s Final Renewal Statement Beginning January 3, 2017, firms can review Final Statements by logging onto E-Bill. Firms can also retrieve their renewal reports through Web CRD/IARD. You … Continue reading FINRA Final Renewal Statements Available
Texas Certificates of Registration Available
State Securities Board personnel review all applications for the registration of dealers, agents, investment advisers, and investment adviser representatives to ensure that individuals and firms dealing with Texas investors meet … Continue reading Texas Certificates of Registration Available
FINRA Entitlement User Account Certification Process
FINRA's Annual Entitlement User Accounts Certification Process begins on January 9, 2017, and ends February 9, 2017. During this period, Super Account Administrators (SAAs) for firms with more than one … Continue reading FINRA Entitlement User Account Certification Process
FINRA Rule 4530/Customer Complaint Filing Due Dates (Q4 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 … Continue reading FINRA Rule 4530/Customer Complaint Filing Due Dates (Q4 2016)
FINRA Final Renewal Statement Due
Reconcile or Pay your Final Statement Report in writing to FINRA any discrepancies you find on your Final Statement. FINRA must receive this by January 20, 2017. This is also … Continue reading FINRA Final Renewal Statement Due
MSRB Update of Primary Contact Information (MSRB G-40)
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 … Continue reading MSRB Update of Primary Contact Information (MSRB G-40)
Quarterly FOCUS and SSOI Filing (Quarter ending 12/31/2016)
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 … Continue reading Quarterly FOCUS and SSOI Filing (Quarter ending 12/31/2016)
Quarterly FOCUS Part llA Filings (Quarter ending 12/31/2016)
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 … Continue reading Quarterly FOCUS Part llA Filings (Quarter ending 12/31/2016)
Quarterly Form Custody Filing Due Q4 2016
Firms are required to file Form Custody pursuant to SEA Rule 17a-5(a)(5).
FINRA Contact System Due Date
Annual Verification Due As a reminder, Rule 4517 requires firms to complete an annual verification of their FCS contact information within the first 17 business days of each calendar year. … Continue reading FINRA Contact System Due Date
Disclosure of Order Routing Practices (SEC Rule 606) (Q4 2016)
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. … Continue reading Disclosure of Order Routing Practices (SEC Rule 606) (Q4 2016)
MSRB Rule G-37 Quarterly 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 … Continue reading MSRB Rule G-37 Quarterly Reporting Requirement
Quarterly SSOI Supplemental FOCUS Information (Quarter ending 12/31/2016)
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. … Continue reading Quarterly SSOI Supplemental FOCUS Information (Quarter ending 12/31/2016)
Due: FINRA’s Annual Entitlement Account Certification Process
FINRA's Annual Entitlement User Accounts Certification Process begins on January 9, 2017, and ends February 9, 2017. During this period, Super Account Administrators (SAAs) for firms with more than one … Continue reading Due: FINRA’s Annual Entitlement Account Certification Process
Net Capital Computation (Month ending 01/31/2017)
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 … Continue reading Net Capital Computation (Month ending 01/31/2017)
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 … Continue reading Outside Business Activity Review (FINRA Rule 3270)
Monthly & Fifth’ FOCUS IIA Filings (Month ending 1/31/2017)
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 … Continue reading Monthly & Fifth’ FOCUS IIA Filings (Month ending 1/31/2017)
Annual Audit Filing Due Date (Period Ending 12/31/2017)
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) … Continue reading Annual Audit Filing Due Date (Period Ending 12/31/2017)
SIPC Assessments (Year ending December 31, 2016 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 7 General Assessment … Continue reading SIPC Assessments (Year ending December 31, 2016 SIPC 7)
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 02/28/2017)
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 … Continue reading Net Capital Computation (Month ending 02/28/2017)
Monthly & Fifth’ FOCUS IIA Filings (Month ending 2/28/2017)
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 … Continue reading Monthly & Fifth’ FOCUS IIA Filings (Month ending 2/28/2017)
FINRA Diversity Summit
FINRA New York District Office Brookfield Place 200 Liberty Street, New York, United StatesFINRA’s Diversity Summit provides a forum for business leaders, diversity practitioners and human resource professionals in the financial services industry to explore a variety of corporate practices, strategies and outreach … Continue reading FINRA Diversity Summit
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 … 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 … Continue reading Quarterly GASB Accounting Support Fee