On February 19th, FINRA provided guidance from the SEC's Division of Trading and Markets on the procedures for reporting adjustments on the FOCUS Report resulting from FASB Standards No. 167 (FAS 167), Amendments to FASB Interpretation No. 46(R). The provisions of FAS 167 are effective at the start of a firm's first fiscal year beginning after November 15, 2009, or as of January 1, 2010, for firms reporting earnings on a calendar-year basis. FINRA Regulatory Notice 10-12.