FINRA Podcast: February 2014 Monthly Recap

FINRA released a podcast summarizing the latest FINRA notices, compliance resources, and news from February 2014.

The podcast highlighted recent regulatory notices and their topics, including:

• 14-05, regarding the SEC-approved rule change to adopt additional financial and operational Rules 4314 ("Securities Loans and Borrowings"), 4330 ("Customer Protection - Permissible Use of Customers' Securities") and 4340 ("Callable Securities") for the consolidated FINRA Rulebook, effective May 1, 2014;
• 14-06, regarding updates to the embedded text of the Securities Exchange Act financial responsibility and reporting rules in the Interpretations of Financial and Operational Rules to reflect the effectiveness of rule amendments recently adopted by the SEC;
• 14-07, regarding the new requirements for "alternative trading systems" ("ATS") to report to FINRA specific transaction volume information and use a single unique market participant identifier;
• 14-08, regarding two SEC-approved amendments to permanently make publicly available civil judicial disclosure as well as Central Registration Depository use information in BrokerCheck; and
• 14-09, a notice soliciting comments on a proposed set of rules for firms that meet the definition of "limited corporate financing broker" ("LCFB").

Additionally, the podcast summarized new FINRA educational initiatives, upcoming conferences (including its annual conference from May 19 to 21), enforcement news, and investor news.

See: FINRA Podcast.Related news: SEC Approves Consolidated FINRA Rules Governing Securities Lending/Borrowing, Customer Segregation and Callable Securities: FINRA Regulatory Notice 14-05 (with Lofchie Comment) (February 3, 2014); FINRA Announces Updates of the Interpretations of Financial and Operational Rules: FINRA Regulatory Notice 14-06 (February 7, 2014); FINRA Announces New Requirements for Alternative Trading Systems: FINRA Regulatory Notice 14-07 (February 14, 2014);FINRA Announces Changes to Expand the Categories of Civil Judicial Disclosures Permanently Included in BrokerCheck: FINRA Regulatory Notice 14-08 (February 20, 2014);