FINRA Updates Supplemental FOCUS Information

FINRA updated the Supplemental Statement of Income ("SSOI") to conform with SEC rule amendments that "simplify and update certain of the FOCUS reporting requirements for broker-dealers."

The updated SSOI will go into effect beginning with SSOI filings for the period from January 1 to March 31, 2019, which are due to be filed by April 26, 2019.