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FINRA Requests Comment on a Proposal to Tighten Business Clock Synchronization Requirements (FINRA Reg. Notice 14-47)

FINRA issued a Regulatory Notice requesting comments on a proposal to reduce the synchronization tolerance for computer clocks. FINRA is proposing to reduce the tolerance from one second to 50 milliseconds. The tolerance for mechanical time-stamping devices would remain at one second.

Comments must be submitted by January 9, 2015.

See: FINRA Regulatory Notice 14-47.

Tags

Regulated Activities
Trade Reporting
Sub-Activity
Clock Synchronization / Time Stamping
Regulated Entities
Broker-Dealers
Body of Law
Securities Law
Jurisdiction
US - Federal
Organization
FINRA / MSRB / SEC Exchanges / SIPC / Accountants
Sub-Author
FINRA