Tag: FINRA TBA margin

FINRA (Officially) Extends Effective Date for Rule 4210 Margin Requirements to March 25, 2020

FINRA has made it official.  Earlier today, FINRA published Regulatory Notice 19-05, delaying TBA margin requirements until March 25, 2020.  FINRA explained: FINRA is issuing this Notice to announce that FINRA is extending by an additional year, until March 25, 2020, the effective date of the margin requirements that otherwise would have become effective on … Continue Reading

FINRA Rule 4210 Update: New Proposed Implementation Date of March 25, 2020 for TBA Margining

On January 29th, FINRA released the following statement: Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend, to March 25, 2020, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) pursuant to SR-FINRA-2015-036, other than the amendments pursuant … Continue Reading

FINRA Publishes Proposed Rule Change to Delay Implementation of TBA Margining Until June 25, 2018

On September 19, 2017, the Financial Industry Regulatory Authority (“FINRA”) published a proposed rule change (available here) to delay implementation of certain margin requirements in respect of what are referred to as “Covered Agency Transactions,” including To Be Announced (“TBA”) transactions and other specified delayed delivery transactions involving mortgage-backed securities. The delay will move the … Continue Reading
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