FINRA makes “dark pool” data public. The Financial Industry Regulatory Authority began providing data indicating the activity levels in each alternative trading system, including all market facilities commonly called “dark pools.” (6/2/2014) FINRA press release.
FINRA Investor Alert. An investor alert has been issued by the Financial Industry Regulatory Authority concerning promotions touting certificates of deposit that promise interest rates that are substantially higher than current averages. (5/28/2014) FINRA press release.
NFA to reduce assessments. The Board of the National Futures Association approved a reduction in NFA’s assessment fees from US$.02 per side to US$.01 per side. (5/28/2014) NFA Notice I-14-12.
NFA late fees. Effective June 1, 2014, the National Futures Association will assess a US$1,000 fee when a firm or individual fails to disclose a disciplinary matter on a registration application or fails to promptly update an existing registration record to disclose a new disciplinary matter. (5/19/2014) NFA Notice to Members I-14-11.
FINRA corporate financing amendment approved. The SEC has approved the Financial Industry Regulatory Authority’s amendments to FINRA Rule 5110 (Corporate Financing Rule-Underwriting Terms and Arrangements). (5/15/2014) FINRA Regulatory Notice 14-22.
FINRA equity trade reporting. The SEC has approved the Financial Industry Regulatory Authority’s amendments to FINRA rules governing the reporting of (i) over-the-counter transactions in equity securities to the FINRA facilities; and (ii) orders in NMS stocks and OTC equity securities to the Order Audit Trail System. (5/15/2014) FINRA Regulatory Notice 14-21.