06.26.25

SEC Extends Compliance Date for Broker-Dealers

by: Carmella Haswell

The Securities and Exchange Commission (SEC) voted to extend the compliance date for the broker-dealer customer protection rule. The amendments require certain broker-dealers to increase the frequency of required reserve computations under Rule 15c3-3 from weekly to daily. The new compliance date for the rule amendments will take effect on June 30, 2026, providing a six-month extension for broker-dealers.

Read the full article on Securities Finance Times