The SIFMA Municipal Bond Summit is located at the Conrad New York, New York, NY. For more information, click on Conference Information.

Effective October 1, 2012, the Trading Activity Fee (TAF) rate for transactions in covered security futures will decrease from $0.04 for each security futures contract traded on a round-turn basis carried in a securities account to $0.00008, with a minimum fee of $0.01 per round-turn transaction. The new rate applies to round-turn transactions in security … Continue reading Effective Date: Amended TAF Rates for Transactions in Covered Security Futures →

FINRA posted an Election Notice to inform FINRA small firm members of the upcoming Small Firm Advisory Board (SFAB) election. Two seats on the SFAB are up for election: the North and West Region seats.  The deadline for nominations is October 5, 2012.

This FINRA District Compliance Conference is located in Woodbury, NY at Fox Hollow. For more information, click on Topics and or Registration. Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must be made by … Continue reading District Compliance Meeting – District 10 (Long Island) →

This FINRA Half Day Compliance Boot Camp is located at the FINRA Philadelphia District Office. For more information, click on Topics and Registration.

In Regulatory Notice 12-39, FINRA requested comments on two issues relating to the dissemination of information on TRACE-eligible securities transactions.  First, FINRA seeks input on whether it should maintain or modify current TRACE dissemination caps, under which the actual size (volume) of a transaction over a certain par value is not displayed in disseminated realtime TRACE … Continue reading Comment Period Expires – Trace Disseminiation Issues →

For more information, click on Topics and or Registration.  Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must be made by check.

Pursuant to NASD Rule 3040 no associated person of the Company shall participate in a private securities transaction without first obtaining the prior written approval of the member firm. If the Company approves a person’s participation in a private securities transaction, the Company will record the transaction on its books and records The firm should … Continue reading NASD Rule 3040 Private Securities Transactions of an Associated Person →

The national securities exchanges and FINRA (collectively the SROs) together are hosting an industry event to discuss SEC  Rule 613 requiring the creation of a Consolidated Audit Trail (CAT). This event is taking place in New York City and is open to all industry and other interested participants. Please note that the event is closed … Continue reading SRO-Hosted Consolidated Audit Trail Industry Event →

In accordance with FINRA Rule 4530(d), each member shall report to FINRA statistical and summary information regarding customer complaints in such detail as FINRA shall specify by the 15th day of the month following the calendar quarter in which customer complaints are received by the member. For the purposes of this paragraph, "customer" includes any … Continue reading FINRA Rule 4530/Customer Complaint Filing Due Dates (Q3 2012) →

In accordance with NASD Conduct Rule 3050, all associated persons shall be required to notify the member firm of the existence of any and all securities accounts maintained by the associated person with any foreign or domestic brokerage firm, bank, investment adviser or other financial institution. Further, all associated persons shall be required to notify … Continue reading NASD Rule 3050 Transactions for Associated Persons →

FINRA Rule 3270 prohibits any registered person from being an employee, independent contractor, sole proprietor, officer, director or partner of another person, or being compensated, or having the reasonable expectation of compensation, from another person as a result of any business activity outside the scope of the relationship with the member firm unless he or … Continue reading FINRA Rule 3270 Outside Business Activities →

The national securities exchanges and FINRA (collectively the SROs) together are hosting an industry event to discuss SEC  Rule 613 requiring the creation of a Consolidated Audit Trail (CAT). This event is taking place in New York City and is open to all industry and other interested participants. Please note that the event is closed … Continue reading SRO-Hosted Consolidated Audit Trail Industry Event →

This FINRA District Compliance Conference is located in Coral Gables, FL at The Westin Colonnade. For more information, click on Topics and or Registration. Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must be … Continue reading District Compliance Meeting – District 7 (Boca Raton) →

This FINRA District Compliance Conference is located in Morristown, NJ at the Hyatt Morristown. For more information, click on Topics and or Registration. Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must be made … Continue reading District Compliance Meeting – District 9B (Woodbridge) →

This FINRA District Compliance Conference is located in New York, NY at Bayard’s One Hanover Square. For more information, click on Topics and or Registration. Space is limited and available on a first-come, first-served basis. Registration closes one business day prior to each program. On-site registrations are provided on a space-available basis and payment must … Continue reading District Compliance Meeting – District 10 (New York) →

FINRA reminds member firms that any person identified by a member firm as a Day-One Operations Professional who must pass the Series 99 or other appropriate qualification examination to qualify as an Operations Professional must do so on or before October 17, 2012. In scheduling the exam, candidates are reminded that the waiting periods between … Continue reading Deadline for Qualifiying for Day One Operations Principal →

Date: October 22 - 24, 2012 The NSCP National Membership Meeting is located at the Washington Hilton, Washington, DC. For more information, click on Agenda and or Conference Information.

In accordance with SEC Rule 15c3-1, each broker/dealer registered pursuant to section 15 of the Act must have evidence of the computation of net capital monthly. That computation should be completed and approved by the FINOP within 17 business days after the end of each month.

The SIFMA 2012 Annual Meeting is located at the New York Marriott Marquis, New York, NY. For more information on the conference please click on Conference Information.

Date: October 25 - 26, 2012 FINRA's annual Advertising Regulation Conference is located in Washington DC.  View the online brochure to learn more about this year's event. Discounted registration rates are available through October 3, 2012.

FINRA Rule 4524 requires each member firm to file a Supplemental Statement of Income (“SSOI”) within 20 business days after the end of each calendar quarter via the FINRA Gateway. The SSOI is designed to provide FINRA with greater detail regarding firm’s revenue and expenses.

SEC Rule 17a-5(d) requires that FINRA member firms to file an Annual Audited Report electronically with FINRA through the firm Gateway and with the SEC (main office and regional office) via mail or overnight carrier not more than 60-calendar days after the date selected for their fiscal year end. The Annual Audit must also be … Continue reading Annual Audit Filing Due Date (Period Ending 8/31/2012) →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 7 General Assessment Reconciliation is to be filed by all members of the Securities Investor Protection Corporation for the each fiscal year, due no later than 60 days … Continue reading SIPC Assessments (Year ending August 31, 2012) SIPC 7 →

Members of SIPC are required to pay an assessment of .0025 of SIPC Net Operating Revenue as defined by the SIPC By Laws Article VI. The SIPC 6 General Assessment is to be filed by all members of the Securities Investor Protection Corporation for the first half of each fiscal year, due no later than … Continue reading SIPC Assessments (Year ending March 31, 2012) SIPC 6 →

MSRB Rule A-14 In addition to any other fees prescribed by the rules of the Board, requires each broker, dealer, municipal securities dealer, and municipal advisor shall pay an annual fee to the Board of $500, with respect to each fiscal year of the Board in which the broker, dealer, municipal securities dealer, or municipal … Continue reading MSRB Rule A•14 (Annual Fee) →

SEC Rule 606 requires broker/dealers that route orders on behalf of customers to prepare quarterly reports that disclose the identity of the venues to which it routed orders for execution. The reports also will disclose the nature of the broker-dealers relationship with those venues, including the existence of any internalization or payment for order flow … Continue reading Disclosure of Order Routing Practices (SEC Rule 606-Formally Rule 11Ac1-6) (Q3 2012) →

Beginning 11/1/2012 Firms may begin to submit post-dated Forms BDW, ADV-W and BR losing /Withdrawal with a date of December 31, 2012.