Effective Date of Amended FINRA Rule 4210 is Approaching

Feb 16, 2018

An amendment to FINRA Rule 4210, expanding the Rule’s margin requirements, will become effective on June 25, 2018. As a result, broker-dealers will now have to collect variation and initial margin with respect to certain transactions, including “To Be Announced” (“TBA”) transactions, with certain counterparties. Therefore, documentation of such trades will need to be amended to achieve regulatory compliance. Download our PDF to read the full article.

by WEB_admin