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FINRA Actions - December 3, 2018

Posted on December 3, 2018 at 6:05 PM
Technical Notice TRACE for Securitized Products API Specification Update FINRA has updated the TRACE for Securitized Products Web API technical specification. A new code of "U", representing UMBS, has been added to the Issuing Agency Values in Appendix 8. Read More: http://www.finra.org/industry/trace/trace-securitized-products-api-specification-update Notice Regulatory Notice 18-39 Unexpected Close of Securities Markets This Notice provides guidance to members regarding SEA Rules 15c3-1, 15c3-3, 17a-5(a) through (d), Rule 204 under Regulation SHO, FINRA Rules 4210, 4230(b), 4521 and 4524, and Federal Reserve Board Regulation T in the event of such an unexpected close. The Notice addresses, among other things, the circumstances under which the day of the unexpected close should be considered a regular business day versus a non-business day for purposes of these rules. Read More: http://www.finra.org/industry/notices/18-39 Technical Notice FINRA System Closures for National Day of Mourning In observance of the National Day of Mourning in honor of former President George H.W. Bush, FINRA will be closed on Wednesday, December 5, 2018. Firms should refer to Regulatory Notice 18-39 for information relating to an unexpected close of the securities markets. This closure includes the following systems: TRACE ??? Trade Reporting and Compliance Engine ADF ??? the FINRA Alternative Display Facility TRFs ??? the FINRA/Exchange Trade Reporting Facilities ORF ??? the OTC Reporting Facility. Note: Member firms are advised that any OTC equity securities that normally would have had an ex-dividend date of Wednesday, December 5, 2018, have been adjusted to Thursday, December 6, 2018. OTCBB ??? OTC Bulletin Board Read More: http://www.finra.org/industry/trace/finra-system-closures-national-day-mourning

Categories: General