Rule 421. Periodic Reports

This rule is no longer applicable. Incorporated NYSE Rule 421 has been superseded by FINRA Rule 4521. Please consult the appropriate FINRA Rule.

Member organizations shall submit, as required by the Exchange, periodic reports with respect to

(1) Reserved.
(2) Customers' debit and credit balances.
Amendments.
April 4, 1968
October 7, 1982
March 6, 2007 (NYSE-2006-111).
Amended by SR-FINRA-2008-033 eff. Dec. 15, 2008.

Selected Notice: 08-57.

 

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.10 Reserved.


Amendment.
March 30, 1993.
March 6, 2007 (NYSE-2006-111);
amended by SR-FINRA-2007-025 effective December 5, 2007.
Amended by SR-FINRA-2008-033 eff. Dec. 15, 2008.

Selected Notice: 08-57.
.20 Underwritings (Form MF-3)

[Rescinded December 16, 1971.]
.40 Customers' debit and credit balances (Form R-1)

Member organizations carrying margin accounts for customers, unless specifically exempted by the Exchange, are required to submit Form R-1 on a settlement basis, preferably as of the last business day of the month (but in any event not earlier than the last Thursday of the month). Form R-1 specifies the following information applicable to public customers:
(1) Total of all debit balances in stock margin accounts;
(2) Total of all free credit balances in cash accounts;
(3) Total of all free credit balances in all margin accounts.
Include only free credit balances in cash and margin accounts. Balances in short accounts and in Special Miscellaneous Accounts are not to be considered as free credit balances. Do not include debit or credit balances in the accounts of other organizations which are members of national securities exchanges, or your own organization, or of employees within your own organization.

Each member organization carrying margin accounts for customers, unless specifically exempted by the Exchange, is required to submit a report each month. When a member organization has no information to submit, a report should be filed with a notation thereon to that effect.

Reports are due as promptly as possible after each firm's last business day of the month, but not later than the sixth day of the following month. All inquiries concerning this report should be made to the Exchange at 656-5050.
.50 Fail "Contracts" (Form MF-6)

[Rescinded October 16, 1975, effective November 20, 1975.]
Amendments.
December 11, 1975; effective March 12, 1976.
January 27, 1995.
March 6, 2007 (NYSE-2006-111).

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