12 Sep 2025
📊SEC Proposes Rules for Broker-Dealer Information Collection
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rules 17h-1T and 17h-2T
Summary
The SEC is soliciting comments on proposed rules 17h-1T and 17h-2T, which mandate broker-dealers to maintain records and submit regular reports concerning their affiliates' activities. This regulation is aimed at assessing the financial and operational risks associated with these entities while ensuring compliance with reporting standards.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The content outlines the SEC's proposed rules requiring broker-dealers to maintain specific records and report on their affiliates' financial activities. Compliance with these regulations is mandatory, presenting significant operational and documentation burdens for businesses involved in the securities industry.