13 Aug 2025
📈SEC Proposes Information Collection on Broker-Dealer Compliance
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 17a-13
Summary
The SEC is seeking comments on proposed data collection under Rule 17a-13, which mandates registered broker-dealers to conduct quarterly examinations of securities. This rule aims to enhance operational accountability and monitor discrepancies in securities records, ultimately supporting market integrity and regulatory compliance.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The regulation outlines compliance requirements for broker-dealers under Rule 17a-13, which involves mandatory quarterly examinations and accurate record-keeping of securities. Non-compliance may impact operational control and financial reporting, affecting market confidence and firm valuations.