SEC Approves Supplemental Schedule for Derivatives and Other Off-Balance Sheet Items

FINRA Rule 4524 (Supplemental FOCUS Information) requires each firm to file additional financial or operational schedules or reports. The SEC has approved the adoption of a supplemental schedule for derivatives and other off-balance sheet items ("OBS") that applies to carrying or clearing firms. The initial OBS disclosing a carrying or clearing firm's off balance sheet information, as of June 30, 2013, must be filed with FINRA on or before July 31, 2013.

The OBS can be found in the regulatory notice attached below.

Implementation Date: The initial supplemental schedule disclosing off-balance sheet information, as of June 30, 2013, must be filed with FINRA on or before July 31, 2013.

See: FINRA Regulatory Notice 13-10.