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