Regulatory Reporting and Disclosures
Chapters in this video
- 0:00 Regulation FD and the dinner party leak scenario
- 1:35 Intentional versus unintentional disclosure timing
- 2:53 MSRB municipal customer confirmations and CUSIP
- 4:26 Municipal account transfers and the no-partial-rejection rule
- 6:06 Cboe uncovered short option reporting on top of FINRA
- 7:17 Rapid-fire exam recap
What this video covers
- Regulation Fair Disclosure (Regulation FD) and why it binds issuers, not broker-dealers, plus the exact timing of simultaneous versus prompt public release
- The 24-hour versus next-trading-session deadline for unintentional selective disclosure, and why Friday night leaks buy time until Monday
- MSRB municipal customer confirmation requirements, including CUSIP (Committee on Uniform Securities Identification Procedures) number, capacity, and the T-plus-one settlement date
- MSRB recordkeeping retention periods and how the 6-year/4-year/life-of-enterprise split differs from FINRA's 6-year/3-year split
- Municipal account transfer rules: one business day to validate and freeze, three business days to complete, and why partial position rejections are prohibited
- Cboe reporting rules as a supplement to, not replacement for, FINRA options rules, and why uncovered short option positions trigger dedicated supervisory reports
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