⚖️FINRA Accelerates Arbitration for Elderly and Health-Affected Parties
The FINRA proposed rule change aims to accelerate arbitration proceedings for parties aged 70 and over or those with specific health conditions. This initiative seeks to ensure that these individuals can participate meaningfully in the arbitration process, enhancing outcomes reflective of their claims while maintaining flexibility for arbitrators in scheduling and case management.
Learn More📈NYSE Texas Proposes Changes to Fee Schedule for Drop Copy Port
The Securities and Exchange Commission has published a notice regarding NYSE Texas's proposed rule change to amend its Fee Schedule by adding a drop copy port that mirrors the one from NYSE Arca. This optional service aims to enhance order activity tracking without imposing additional fees for redundant data streams.
Learn More⚖️FINRA Proposed Rule Change
The FINRA proposed rule changes aim to amend the Codes of Arbitration Procedure to enhance transparency and efficiency in the arbitrator selection process, particularly by increasing the selection opportunities for non-chair-qualified public arbitrators. These adjustments are designed to benefit businesses by improving arbitration outcomes and fostering a more diverse arbitrator panel.
Learn More📄Impact of FINRA's OHO Portal Rule Change on Business Compliance
The Securities and Exchange Commission announces FINRA's proposed rule change that mandates the use of the Office of Hearing Officers (OHO) Portal for filing and service of documents in disciplinary proceedings. This shift aims to enhance efficiency and document security in the adjudicatory process, streamlining the operations for parties involved.
Learn More📜SEC Notice on Regulatory Responsibility Allocation and Correction
The Securities and Exchange Commission published a document in the Federal Register on July 23, 2025, concerning an Order Approving and Declaring Effective a Proposed Plan for the Allocation of Regulatory Responsibilities Between the Financial Industry Regulatory Authority, Inc. and Green Impact Exchange, LLC. The document contained typographical errors in the title and text.
Learn More🏦Harmonizing NYSE Texas Rule 11.3110 with FINRA Inspection Requirements
The SEC has published a notice regarding a proposed rule change by NYSE Texas to align its inspection regulations with FINRA’s rules. This change introduces a voluntary remote inspection program and outlines specific criteria for conducting inspections and classifying residential supervisory locations, aiming to enhance operational efficiency and regulatory compliance across firms.
Learn More📊SEC Grants Temporary Exemptive Relief for Rule 10c-1a Compliance
The SEC issued a temporary exemption for Rule 10c-1a, which mandates reporting on securities loans. This exemption extends compliance deadlines to enhance data accuracy and public transparency, aiming to foster a reliable securities lending market and improve investor protections while ensuring orderly implementation among industry participants.
Learn More📈FINRA Proposes Amendments to Transaction Reporting Rule 6730
The SEC released a notice on FINRA's proposed amendment to Rule 6730, which seeks to retain the 15-minute reporting limit for TRACE-eligible securities. This amendment includes options for reporting allocations across customer accounts, currently under consideration as the SEC extends the review period to gather more input on the changes.
Learn More📉SEC Approves Allocation of Regulatory Responsibilities Between FINRA and GIX
The SEC has approved a regulatory plan that allows FINRA to assume examination and enforcement responsibilities from GIX for common members. The plan aims to reduce regulatory duplication, promote efficiency, and enhance investor protection by coordinating oversight between the two organizations. This shift is part of ongoing efforts to streamline compliance processes within the securities industry.
Learn More⏱️FINRA Proposes Rule Change for Timestamp Granularity Compliance
FINRA has filed a proposed rule change to extend the exemption on timestamp granularity requirements until April 8, 2030. This change aligns with an exemption granted by the SEC, allowing financial institutions to handle timestamp reporting more effectively without significant adjustments to their existing systems over the next five years.
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