SEC Extends Compliance Date on Broker-Dealers Daily Reserve Computation Requirement

From FiSolve, the Securities and Exchange Commission extended the compliance date for the amendments to Rule 15c3-3 (the broker-dealer customer protection rule) from December 31, 2025 to June 30, 2026.  The amendments require certain broker-dealers to increase the frequency of required reserve computations under Rule 15c3-3 from weekly to daily.  The SEC announced the extension is designed to provide more time for broker-dealers to make any necessary systems or operational changes to implement a daily computation requirement and test their new daily processes for compliance.  Read more here.

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