Presentation to Back Office Committee on Recent FINRA Margin Rule Regulatory Notices

On April 15, 2021, Steve Lofchie and Nihal Patel of the Cadwalader law firm presented to the FIF Back Office Committee on the recent FINRA Regulatory Notice 21-11 (proposed amendments to the margin rules relating to when-issued and other extended settlement transactions) and FINRA Regulatory Notice 21-13 (updates to the interpretations of FINRA’s margin rule for day trading). Please find the comments on the Regulatory Notices prepared by Cadwalader here: Regulatory Notice 21-11; Regulatory Notice 21-13