📈FINRA Rule Change on Transaction Reporting for Securities
The SEC approves FINRA's proposal to maintain a 15-minute outer limit timeframe for reporting transactions in TRACE-eligible securities. This decision follows extensive discussions with member firms regarding the challenges of shorter reporting timeframes. The rule change is set to streamline reporting processes while supporting compliance clarity for financial institutions.
Learn More🎁FINRA Proposes Increasing Gift Limit from $100 to $300
The Securities and Exchange Commission published a notice regarding FINRA's proposed amendment to Rule 3220, which seeks to increase the gift limit from $100 to $300 per person per year. The amendment also introduces provisions for exemptive relief, codifies existing guidance, and aligns the rule with better business practices to avoid conflicts of interest in the financial sector.
Learn More💼FINRA Proposes Amendments to Capital Acquisition Broker Rules
The SEC is reviewing proposed amendments to the FINRA Capital Acquisition Broker Rules, which aim to broaden CAB activities in selling unregistered securities and enhance participation in secondary transactions. The changes could have significant implications on compliance and operational practices for CABs and associated investment firms.
Learn More📈SEC Approves Regulatory Responsibility Amendment for Insider Trading
The SEC has approved an amendment to the plan for allocating regulatory responsibilities among various trading organizations, aimed at enhancing efficiencies in surveillance, investigation, and enforcement of insider trading rules. This amendment adds Green Impact Exchange, LLC as a participant and aims to minimize regulatory duplication, fostering a more streamlined approach for compliance across organizations.
Learn More⚖️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