WebAug 6, 2024 · Moreover, in April 2024, FINRA sent a notice to members reminding them that, “[r]egardless of whether the account is self-directed or options are being recommended, members must perform due diligence on the customer and collect information about the customer to support a determination that options trading is appropriate for the customer.” WebQuestions regarding this Notice should be directed to: 00 Kris Dailey, Vice President, Risk Oversight & Operational Regulation, at (646) 315-8434; 00 Kathryn E. Mahoney, Director, Financial Operations Policy Group, at (646) 315-8428; or 00 Adam H. Arkel, Associate General Counsel, Office of General Counsel, at (202) 728-6961. 1 Regulatory ...
Federal Register /Vol. 86, No. 191/Wednesday, …
WebDec 4, 2024 · In general, FINRA rules apply to all members. However, the NYSE rules only apply to those FINRA members who are also members of the New York Stock Exchange. FINRA’s Track Record. In 2024 alone, the Financial Industry Regulatory Authority levied close to $65 million in fines and was able to facilitate close to $67 million in restitution. WebMar 17, 2015 · 1997) (Notice of Filing and Immediate. Effectiveness of Proposed Rule Change by. NASD Relating to SEC Transaction Fees) (File. No. SR-NASD-96-57); see also Trade Reporting. Notice (February 22, 2008); Special NASD. Notice to Members 96-81 (December 3, 1996). Similarly, FINRA has treated convertible debt. as a debt security for … prog holdings stock news
Federal Register :: Self-Regulatory Organizations; Financial …
WebMay 9, 2024 · The Notice provided that these red flags were in addition to the money laundering red flags that appeared in Notice to Members 02-21 (NTM 02-21) published in April 2002: “Since NTM 02-21 was published … WebSelected Notices: 02-07, 09-20. FINRA Rule 2150 - Improper Use of Customers' Securities or Funds; Prohibition Against Guarantees and Sharing in Accounts . Selected Notices: 83-74, 86-74, 88-55, 01-24, 03-21, 09-60. FINRA Rule 2165 – Financial Exploitation of Specified Adults . Selected Notice: 17-11. FINRA Rule 2210 WebApr 25, 2024 · FINRA Rule 3280 states that, “[n]o person associated with a member shall participate in any manner in a private securities transaction except in accordance with the requirements of this Rule.” Among other things, the Rule requires a financial advisor to provide written notice prior to participating in a private securities transaction even ... prog holdings subsidiaries