FINRA's New Supplemental Liquidity Schedule (SLS)

FINRA’s New Supplemental Liquidity Schedule (SLS)

FINRA has established a new Supplemental Liquidity Schedule (SLS). The new SLS, which members subject to the requirement will need to file as a supplement to the FOCUS Report, is designed to improve FINRA’s ability to monitor for events that signal an adverse change in the liquidity risk of the members with the largest customer and counterparty exposures. This new requirement will become effective on March 1, 2022. For members subject to the requirement, the first SLS must be completed as of the end of March 2022 and will be due by May 4, 2022. FINRA Rule 4524 FINRA Rule Read more about FINRA’s New Supplemental Liquidity Schedule (SLS)[…]