Regulatory Alerts2025-07-01 | 2025-12016Added
Extension of Compliance Date for Required Daily Computation of Customer and Broker-Dealer Reserve Requirements Under the Broker-Dealer Customer Protection Rule
The Securities and Exchange Commission extends the compliance date for the requirement that certain broker-dealers perform daily customer and PAB reserve computations from December 31, 2025, to June 30, 2026. This six-month extension applies specifically to carrying broker-dealers with average total credits equal to or greater than $500 million, allowing additional time to develop necessary policies, procedures, and systems. The Commission determined that the delay is necessary to mitigate implementation burdens while maintaining investor protections, though it does not alter compliance dates for other related amendments or voluntary daily computation provisions.
Topics
Share