Tag Archives: FINOP

FINRA Proposes Amendment to Rule 1220 for Firms Exempt from FINOP Requirement

September 6, 2018Legal AlertsFINOP, Principal Operations Officer, Rule 1220Daniel LeGaye

Financial Industry Regulatory Authority, Inc. (“FINRA”) filed a proposed rule change with the Securities and Exchange Commission to amend FINRA Rule Rule 1220(a)(4) (Financial and Operations Principal and Introducing Broker-Dealer … Continue reading FINRA Proposes Amendment to Rule 1220 for Firms Exempt from FINOP Requirement →

FINRA Issues Liquidity Risk Management Guidance

October 4, 2015Compliance Notice, Legal AlertsFINOP, FINRA, Regulatory FinancialsMichael Schaps

FINRA believes that effective liquidity management is a critical control function at broker-dealers and across firms in the financial sector. Failure to manage liquidity has contributed to both individual firm … Continue reading FINRA Issues Liquidity Risk Management Guidance →