FINRA is proposing to extend, to May 22, 2024, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) set to go into effect October 25, 2023.

FINRA is proposing to extend, to May 22, 2024, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) set to go into effect October 25, 2023.

TLDRS:

  • FINRA is proposing to extend, to May 22, 2024, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) set to go into effect October 25, 2023.
  • OPEN for comment!!!
r/Superstonk - FINRA Alert and OPEN for comment! FINRA is proposing to extend, to May 22, 2024, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) set to go into effect October 25, 2023. Please consider using your voice to say no more extensions--this was to be โ€ฆ

Source: https://public-inspection.federalregister.gov/2023-19948.pdf

r/Superstonk - FINRA Alert and OPEN for comment! FINRA is proposing to extend, to May 22, 2024, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) set to go into effect October 25, 2023. Please consider using your voice to say no more extensions--this was to be โ€ฆ

Purpose is to establish margin requirements for the transaction types above.

r/Superstonk - FINRA Alert and OPEN for comment! FINRA is proposing to extend, to May 22, 2024, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) set to go into effect October 25, 2023. Please consider using your voice to say no more extensions--this was to be โ€ฆ

FINRA is not happy about this and wants to punt the implementation date

r/Superstonk - FINRA Alert and OPEN for comment! FINRA is proposing to extend, to May 22, 2024, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) set to go into effect October 25, 2023. Please consider using your voice to say no more extensions--this was to be โ€ฆ

The SEC approved this back in July and gave the October effective date

r/Superstonk - FINRA Alert and OPEN for comment! FINRA is proposing to extend, to May 22, 2024, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) set to go into effect October 25, 2023. Please consider using your voice to say no more extensions--this was to be โ€ฆ

They want to kick the can on the Margin Requirements until 5/22/24

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