Regulatory ObligationsSEA Rule 15c3-3 (Customer Protection Rule) imposes requirements on firms that are designed to protect customer funds and securities. Firms are obligated to maintain custody of customers’ fully paid and excess margin securities and safeguard customer funds. Firms satisfy these requirements by keeping customer funds in a special reserve bank account and by maintaining customer
Consolidated Audit Trail (CAT)Customer Order Handling: Best Execution and Order Routing DisclosuresRegulation SHO – Bona Fide Market Making and Close-Out RequirementsFixed Income – Fair PricingOTC Quotations in Fixed Income SecuritiesMarket Access RuleExtended Hours Trading NEW FOR 2025Previous:Annuities Securities ProductsUp:Market IntegrityNext:Consolidated Audit Trail (CAT)
The fixed income distributions file is a cumulative list of distributions that have been announced per calendar year going back to 1/1/2017. Distributions include cash, stock and in kind distributions as a result of a bankruptcy reorganization plan, default interest payments, or other distributions in fixed income securities.FINRA’s Market Operations Department reviews and processes
The Reg NMS Trade Through Report Card is a monthly statistical report detailing the transactions in NMS Securities that appear to have been reported by your firm to a Trade Reporting Facility ("TRF") or to FINRA's Alternative Display Facility at a price that traded through at least one protected best bid or offer at the respective time of execution. If non-compliance with the Order
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The Alternative Display Facility (ADF) is an SRO display only facility that is operated by FINRA. The ADF provides members with a facility for the display of quotations, the reporting of trades, and the comparison of trades.
In most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts each year once you reach age 73. IRS rules require that you take withdrawals from individual retirement accounts (IRAs) and employer-sponsored retirement plans to avoid costly penalties. Be sure you understand the requirements about RMD.
Natural disasters can bring out the worst in some people, some of whom seek to exploit the situation to commit financial fraud. Learn how to spot and protect yourself from potential disaster-related investment scams.
On January 21, 2025, certain TRACE Corporate and Agency and TRACE Treasury trades were incorrectly marked late in specific scenarios.FINRA will perform a data fix to remove the incorrect late flag from affected transactions. ADDS trade journals will be republished with corrected data and TRACE billing and report cards will incorporate the corrected data.
If you are thinking about rolling over money from your Thrift Savings Plan (TSP) into an IRA, take some time to consider your options—one of which is to stay put in the TSP, or even transfer money from another retirement account into your TSP.
