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BD Rules & Regulatory Actions

There is no ability for the customer to access the FDIC insured bank sweep account directly and/or without going through the broker-dealer
FINRA is uniquely qualified to provide the Commission with a familiar and consolidated platform for standalone SBSEs and bank SBSEs to file the FOCUS Report
The proposed amendments also will help to ensure that the Participants fulfill their obligations to deliver a functional CAT on a reasonably achievable timeframe
Action relates to collateral and asset-back securities
SEC issues slight correction of variable annuity contracts' final rule
More on recommendations and also on making disclosures in Spanish
The outbreak of COVID-19 has had far-reaching effects, with small businesses being particularly affected by the closures and safety measures designed to slow the spread ...
PAA’s registration as a broker or dealer is revoked
The Commission did not expressly prohibit the use of these names and titles by broker-dealers
This relief will provide Introducing Industry Members with additional time to prepare effectively for certain CAT reporting phases
Order Granting Conditional Exemptive Relief Governing the Consolidated Audit Trail
The failure of a broker-dealer to provide complete and accurate EBS information ... ultimately interfere[s] with the Commission’s ability to protect investors
Jay Clayton
We believe that the June 30, 2020 compliance date for Reg BI and other requirements, including the requirement to file and begin delivering Form CRS, ...
The Request asks about non-compliance with Rule 15c3-1 if broker-dealers treat certain receivables resulting from bank sweep programs as allowable assets
Find links to certain SEC Division of Trading and Markets-related documents in response to the effects of COVID-19
The disruptions resulting from COVID-19 mentioned above could hamper the efforts of municipal advisors to timely meet filing deadlines for annual updates to Form MA
BMA Securities violated the rule on hundreds of occasions by failing to close out allocated fail to deliver positions
We are proposing to modernize and simplify the Securities Act integration framework for registered and exempt offerings
These SEC FAQs can help you prepare for Reg BI
The proposal could update the national market system for the collection, consolidation, and dissemination of information with respect to quotations for and transactions in stocks
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