Regulatory Alerts2024-08-09 | Regulatory Notice 24-11Added · Updated
Guide to Updated Interpretations of FINRA Rule 4210
FINRA published updated interpretations of Rule 4210 (Margin Requirements) on August 9, 2024, providing a guide for members to track changes from the October 27, 2021 version. The update involves 198 interpretations, including 27 new staff guidances, 12 cancellations, and 13 replacements, covering definitions such as 'customer' and 'designated account' and clarifying margin calculations for debt securities and government-sponsored enterprise equities. FINRA members must apply these revised interpretations to ensure compliance with margin requirements for customer accounts and specific transaction types like reverse repurchase agreements.
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