United States:
FINRA Seeks Temporary Extension Of Office Inspection Deadline
24 June 2020
Cadwalader, Wickersham & Taft LLP
To print this article, all you need is to be registered or login on Mondaq.com.
FINRA proposed temporarily extending the deadline
for firms to complete annual office inspections. FINRA is proposing
to adopt temporary Supplementary Material .16 ("Temporary
Extension of Time to Complete Office Inspections") under FINRA
Rule 3110 ("Supervision"). The proposed extension
would push back the office inspection deadline for member firms in
calendar year 2020 to March 31, 2021.
Originally published June 22, 2020.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from United States
Secured Creditor Chapter 11 Considerations
Trenam Law
Lenders are naturally in a reactionary position when their borrowers file for Chapter 11. Following these tips will help position them for the best possible outcome.
Dos And Don'ts Of Interacting With Bank Regulators
Goodwin Procter LLP
Supervision is a daily fact of life for bank boards and management. Below, we offer strategies for how both board members and members of management can ensure that the supervisory process goes as smoothly as possible.