The CFTC extended the time period for relief from swap trade confirmation requirements.
News & Insights
FINRA notified member firms that the SEC approved FINRA rule amendments requiring the disclosure of markups on certain transactions in corporate debt or agency securities with retail customers.
At an upcoming webinar, MSRB will review "key provisions" of amendments to requirements concerning (i) confirmation, clearance, settlement and other uniform practices and (ii) prices and commissions related to disclosure of markups and markdowns.
The MSRB provided guidance to investment advisers on the application of certain investor/customer protections. The new guidance relates to transactions for managed accounts in which a registered investment adviser is exercising discretion to buy and sell municipal securities on behalf of the account holder.
MSRB rule amendments requiring broker-dealers and municipal dealers to disclose certain markups or markdowns on retail customer confirmations will become effective on May 14, 2018.