FINRA Requests Comment on Proposed Supplementary Schedule for Derivatives and Other Off-Balance Sheet Items (FINRA Regulatory Notice)

FINRA Reg. Notice 12-23

On February 9, 2012, the SEC approved FINRA Rule 4524 (Supplemental FOCUS Information), which requires each firm, as FINRA shall designate, to file such additional financial or operational schedules or reports as FINRA may deem necessary or appropriate for the protection of investors or in the public interest as a supplement to the FOCUS Report. FINRA requests comment on one such proposed schedule, a supplementary schedule for derivatives and other off-balance sheet items.

Comments Due: June 4, 2012

Cross References: FINRA Rule 4524; NASD NTM 03-73; Exchange Act Section 19; Exchange Act Rule 19b-4.

For more information about this document, you may contact one of the following Cadwalader attorneys: Steven D. Lofchie; Glen P. Barrentine.