FINRA notified broker-dealers of the due dates on filing requests for extensions of time to satisfy margin deficiencies prior to and after the 2023 holidays (when the exchanges or banks are closed).
A broker-dealer settled FINRA charges for failing to supervise two of its registered representatives that made unsuitable investment recommendations.
A broker-dealer settled FINRA charges for failing to timely acquire shares of a security to close out "fail-to-deliver" positions in compliance with short sale regulations.
The SEC opened a new comment period to consider objections to proposed revisions to the funding model for the consolidated audit trail.
A broker-dealer settled FINRA charges for (i) accepting short sale orders without first fulfilling the locate requirement, (ii) reporting trades with an inaccurate capacity symbol and (iii) related supervisory failures.