Compliance Support Tool Determines Exempt Accounts for FINRA TBA Margin Requirements

The Cabinet maintains a compliance support tool for applying FINRA Rule 4210, which addresses to-be-announced margin requirements. The compliance support tool can be used to determine whether a potential customer or counterparty is an "exempt account" within the meaning of FINRA Rule 4210(a)(13).

Expert Systems are Cabinet-created automated tools that allow you to accomplish a variety of tasks quickly, in an industry-standardized fashion, and in ways that are time- and cost-efficient. The systems also allow you to record the results of your work in order to demonstrate compliance.

If you would like to discuss the use of Expert Systems as part of or apart from your Cabinet subscription (including the installation of either a standardized or proprietary system onto your server), please contact William Sadd by email at [email protected] or by phone at (212)-993-2818.