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FINRA will examine firms’ policies and techniques for establishing and checking the premiums charged to clients for brief gross sales. FINRA has observed some instances where by, for example, securities are borrowed into a conduit account and afterwards loaned to some household account at a noticeably bigger level, which then might be marked up even further. FINRA will review regardless of whether firms determine these types of charges in a very method according to their treatments.
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The coming yr will provide each continuity and change in FINRA’s plans. The continuity will come, At first, within our unwavering commitment to our mission: preserving buyers and promoting current market integrity within a fashion that facilitates vivid cash markets.
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