In an effort to assist member firms' compliance efforts, NASD is issuing this regular communication, "Improving Examination Results." This document has two sections: "Examination Priorities" and "Frequently Found Violations," both of which relate to the Department of Member Regulation's routine examinations of firms. While each firm must establish its own
First Part
Does the Form BD, prepared for submission to FINRA, bear the Applicant’s original signature? (Mechanical reproductions of signatures are not acceptable.) Ensure that the date field reflects a complete date (month, day, and year).
Has the Form BD been originally and properly notarized? (Make sure that the notary completes all items and affixes his or her
Retransmission Data Feed Policy
As a reminder, on Monday, June 30, 2014, FINRA will launch the fee-based Professional User ATS Transparency Data product.
The OTC Reporting Facility (ORF) is scheduled to migrate to new technology on September 15, 2014. On this July 16 free conference call about the migration, FINRA staff:
The following web service files provide the schema and sample files.
The following web service files provide the schema and sample files.
On May 12, 2014 FINRA filed for immediate effectiveness SR-FINRA-2014-024 with the Securities and Exchange Commission ("SEC").
FINRA reminds firms that on Monday, June 16, 2014, specific “covered hybrid securities” will move from the OTC Reporting Facility (ORF) to the Trade Reporting and Compliance Engine (TRACE).
OATS Rules 7440(c)(1) and 7450 require firms to record and report to OATS information related to the transmittal of an order to a department within the member.
