In observance of Christmas, the FINRA Alternative Display Facility (ADF) will be closed on Wednesday, December 25, 2024. In observance of New Year's Day, the FINRA Alternative Display Facility (ADF) will be closed on Wednesday, January 1, 2025.
GeneralDo Rules 5110, 5121 and 2310 (the “Corporate Financing Rules”) apply to Regulation A offerings?Yes. Rule 5110(a)(2) requires all public offerings, with limited exceptions as provided in Rule 5110(h), to be filed with FINRA. Regulation A+ offerings are public offerings subject to the Corporate Financing Rules. A member must comply with Rule 5121 (Public Offerings of Securities with
In observance of Christmas, the ORF System will be closed on Wednesday, December 25, 2024. In observance of New Year's Day, the ORF System will be closed on Wednesday, January 1, 2025.
In observance of Christmas, the TRACE system will be closed on Wednesday, December 25, 2024. In observance of New Year’s Day, the TRACE system will be closed on Wednesday, January 1, 2025.
If a PDT account goes under 25k it should still be allowed to trade with settled cash.Why would you prevent the cash from being used at all and force them to convert it to a cash only account?The margin should simply be removed and the customer should be allowed to continue trading with their cash.
FINRA’s Board of Governors met on December 4-5. The agenda included discussions around FINRA’s 2025 budget, FINRA’s Outside Business Activities and Private Securities Transactions rules, and an overview of the 2025 FINRA Annual Regulatory Oversight Report.
The FINRA Board approved FINRA’s 2025 budget and a rulemaking item related to outside business activities and private securities transactions, and appointed new members to the SFAC and NAC.
FINRA Rule 4230(a) requires clearing firms for which FINRA is the designated examining authority pursuant to SEA Rule 17d-1 to submit requests for extensions of time as contemplated by Regulation T of the Board of Governors of the Federal Reserve System1 ("Regulation T") and SEA Rule 15c3-3(n)2 to FINRA for approval.
FINRA hosted a Regulation Best Interest (Reg BI) conference on Dec.18, 2019 in Washington, D.C. for firms to discuss best practices and approaches. Approximately 500 compliance officers and other industry participants attended the one-day event focused on assisting firms as they gear up for the June 30, 2020 compliance date for the SEC’s Reg BI and Form CRS.Reg BI establishes a "best
I. IntroductionFINRA, a not-for-profit organization, is dedicated to protecting investors and safeguarding market integrity in a manner that facilitates vibrant capital markets. Authorized by Congress, FINRA works to protect America’s investors by making sure the broker-dealer industry operates fairly and honestly. We oversee more than 624,000 brokers across the country—and analyze billions of
