Insights & Regulatory Updates

SEC Adopts Amendments to Broker-Dealer Customer Protection Rule: Daily Computations and Enhanced Safeguards
Anderson Insights K. Braeden Anderson Anderson Insights K. Braeden Anderson

SEC Adopts Amendments to Broker-Dealer Customer Protection Rule: Daily Computations and Enhanced Safeguards

The Securities and Exchange Commission (SEC) has adopted amendments to Rule 15c3-3, commonly known as the Customer Protection Rule, implementing significant updates to the frequency of reserve calculations for broker-dealers. The changes are aimed at bolstering protections for customer assets and enhancing financial stability within the securities markets.

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