FINRA and SIPC Consent to Enhance the Yearly Report Filing Process for Broker-Dealers

On August 1, the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation (SIPC) revealed a services contract developed to improve the yearly report filing procedure for member companies. Reliable September 1, member companies that presently submit different yearly reports with SIPC and FINRA will have the ability to make a single filing using mississippi securities division existing reporting website.

This plan is planned to (1) reduce reporting concerns and compliance expenses for member companies, and (2) decrease the variety of irregular or insufficient yearly audited monetary declarations and additional reports being submitted.