On February 12, the Financial Industry Regulatory Authority (FINRA) issued Regulatory Notice 19-05 (Notice) informing member firms that the effective date for the implementation of the amendments to FINRA Rule 4210 has been postponed. The amendments, which will establish mandatory margin requirements for certain covered agency transactions, will go into effect on March 25, 2020 as opposed to March 25, 2019. The postponement of these rules will not affect the risk limit determination requirements that went into effect on December 15, 2016.
For a discussion of such amendments and FINRA’s prior postponement of their effective date, please refer to the February 1, 2019 edition of Corporate & Financial Weekly Digest.
The Notice is available here.