ARTICLE
1 September 2016

FINRA Notifies Member Firms Of Effective Date Of Rule Change Concerning Its Alternative Display Facility (FINRA Reg. Notice 16-33)

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
FINRA reminded member firms that, as of September 12, 2016, they will be subject to annual testing requirements and connectivity fees...
United States Corporate/Commercial Law

FINRA reminded member firms that, as of September 12, 2016, they will be subject to annual testing requirements and connectivity fees if they elect to use the Alternative Display Facility for trade reporting purposes only. Firms that meet certain thresholds will be excused from complying with the requirements.

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