FINRA Proposes Rule to Amend Uniform Branch Office Registration Form (Form BR)

FINRA filed a proposed rule with the SEC regarding amending Form BR. The proposed rule change would make the following amendments:

• eliminate Section 6 (NYSE Branch Information);
• add questions relating to space-sharing arrangements and the locations of books and records;
• modify existing questions and instructions in order to provide more detailed selections for describing the types of activities conducted at the branch office; and
• add an optional question to identify if an office is an "Office of Municipal Supervisory Jurisdiction."

See: Text of Proposed Rule Change; FINRA Press Release.