SUGGESTED ROUTING:*
Senior ManagementLegal & ComplianceRegistration*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
On December 13, 1991, the Securities and Exchange Commission (SEC) approved amendments to Schedule C of the NASD By-Laws relating to the premembership interview process for applicants for NASD membership. The
In a dynamic market, financial regulations change frequently because new technologies and opportunities for investors emerge. As the first line of oversight for the brokerage industry, FINRA is your best resource for information. We serve as a clearinghouse for all the latest compliance news, rules and regulations. Join us at our conferences, educational events and webinars to talk about what the newest developments mean for you.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend Rule 8312 (FINRA BrokerCheck Disclosure) to release information on BrokerCheck® as to whether a particular member firm or former member firm is currently designated as a “Restricted Firm” pursuant to Rule 4111 (Restricted Firm
A crowdfunding intermediary must register with the Securities and Exchange Commission (SEC) as a broker or as a funding portal and become a member of a national securities association (FINRA). The following crowdfunding intermediaries are registered with the SEC as funding portals and are funding portal members of FINRA.Learn more about funding portals.For broker-dealer firms, view the Broker
I believe in more significant penalties and stricter timeliness for FTDs. The rules are so tight for retail investors but the market makers, brokers, large funds, etc. receive so much leeway. A retail trader should have even opportunities as it pertains to data as well. I believe these rule changes will assist with bringing better information to all. Thank you.
I'd like to see the market have more transparency of shorts. In today's day and age, there should be 8-15 days to see a company's short percentage. The market information should be available to all investors no matter their size. Also, I feel that the "dark pool" system should be abolished. It too can possibly create uncertainty in the market. Thank you.
How about you just make this a simple thing... Instead of financial institutions SELF-REPORTING their short positions, why not actually have a regulatory body go directly into their books, so they can properly extrapolate the information. This way you can monitor things like married puts/calls that create synthetic shorts, and be on top of them on a daily basis.
Data transparency is the hallmark of reliability, responsibility, and accountability. As such, all information about short sale positions, short interest, etc. should be publicly and freely available in real time immediately. Failing that, as soon as possible - which, given the electronic nature of these transactions, ought to be virtually immediately. Anything less increases corruption,
A total of 741 member firms volunteered to participate in FINRA’s Remote Inspections Pilot Program, FINRA announced today in a blog post.
LockBit, one of the most deployed ransomware variants in recent years, continues to impact organizations across the globe, including FINRA member firms. Since November of 2023, FINRA has received reports from several member firms related to cyber incidents allegedly perpetrated by LockBit. The reported incidents varied in severity from no impact to significant disruptions in firms’ business operations. As a result, the Cyber and Analytics Unit (CAU) within FINRA’s Member Supervision Program is notifying firms of the increased activity of this threat actor to heighten awareness and visibility of this risk. CAU is also providing a compilation of resources that outline effective practices firms may consider in response to this elevated risk.
