FINRA Adopts TAF Exemption for Proprietary Trading Firms

Summary FINRA has amended its By-Laws to exempt from the Trading Activity Fee (TAF) any transaction by a proprietary trading firm that ...

Regulatory Notice 22-30 | FINRA.org

The exemption proposed in Regulatory Notice 15-13 would provide TAF relief to proprietary trading firms for all trades on an exchange of which ...

FINRA Adopts Trading Activity Fee Exemption - Lexology

The amendments go into effect on November 6, 2023. According to the FINRA Notice, to qualify for the TAF exemption a proprietary trading firm ...

Notices | FINRA.org

Notices ; Wednesday, October 18, 2023, Regulatory Notice 23-16. FINRA Adopts TAF Exemption for Proprietary Trading Firms. Effective Date: November 6, 2023.

File No. SR-FINRA-2023-009) June 26, 2023 Self-Regulatory ...

adopted by the SEC, those proprietary trading firms that ... TAF exemption may result in more proprietary trading firms joining. FINRA.

SEC Significantly Narrows Exemption from FINRA Membership for ...

(“FINRA”) – for SECregistered broker-dealers that engage in proprietary trading of securities off the national securities exchanges (“Exchanges”) ...

Amendments to SEC Rule 15b9-1 Will Require Most Proprietary ...

According to the SEC, requiring previously exempt proprietary trading firms to become FINRA members will provide a more consistent regulatory ...

SEC Expands FINRA Oversight of Proprietary Trading Firms

Due to the above exclusion of transactions for a dealer's own account from the de minimis exception, Exchange Act Rule 15c9-1 is currently ...

FINRA Adopts TAF Exemption for Proprietary Trading Firms - LinkedIn

NEW UPDATES! FINRA has updates in effect from November 6th. FINRA has amended its By-Laws to exempt from the Trading Activity Fee (TAF) any ...

Exemption for Certain Exchange Members - Federal Register

The adopted amendments update Rule 15b9-1 by rescinding the proprietary trading exemption from the rule such that, subject to two narrow ...

Katten Fact Sheet for Certain Firms That Must Become FINRA ...

The new rule requires nearly all broker-dealers to become members of FINRA, thus eliminating a long-standing exemption for proprietary trading broker-dealers.

Text of the Proposed Rule Change - finra

Hudson River Trading supports the proposed exemption to the TAF for proprietary trading firms. ... would adopt an exemption from the TAF ...

U.S. SEC Adopts Amendments to Expand FINRA Oversight of ...

In FINRA's comment letter on the rulemaking, it stated that given the types of proprietary trading firms that will need to join as a result of ...

SEC Narrows Exemption from FINRA Membership Requirement for ...

The TAF exemption for proprietary trading firms will become effective November 6, 2023. On August 23, 2023, the. SEC adopted amendmentsOpens ...

FINRA Regulatory Notice 15-13, Trading Activity Fee (TAF), May 2015

would adopt an exemption from the TAF for on-exchange trading by “proprietary trading firms.” 2. FINRA developed this proposal in light of the ...

SR-FINRA-2023-009 | FINRA.org

... exempt from the Trading Activity Fee (“TAF”) any transaction by a proprietary trading firm that occurs on an exchange of which the proprietary trading firm is a

Proposed Rule Change - finra

maker, transactions effected by a proprietary trading firm on an exchange of ... through” the TAF to the underlying firm executing the trade.

Federal Register/Vol. 88, No. 125/Friday, June 30, 2023/Notices

FINRA is not proposing to exempt proprietary trading firms from the TAF altogether. As discussed above, FINRA believes it is appropriate to ...

Regulatory Notice 15-13 | FINRA.org

FINRA anticipates that the quality of FINRA's supervision of activities and conduct by new member proprietary trading firms would not differ ...

FINRA Proposes Exemption From the TAF for Proprietary Trading ...

FINRA has analyzed the potential impact that the TAF would have on proprietary trading firms and believes that, for certain trades, the ...