FINRA Reports Update to "Interpretations of Financial and Operational Rules"

FINRA reported an update to the "Interpretations of Financial and Operational Rules." To help firms comply with SEC rules with regard to financial and operational matters, FINRA periodically updates specific interpretations provided by the SEC's Division of Trading and Markets. According to FINRA, this particular update concerns Exchange Act Rule 15c3-1(c)(2)(viii) (Open Contractual Commitments).