Regulation

Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Adopt FINRA Rule 4321 (Allocations of Fail To Deliver Positions) and Amend FINRA Rule 4560 (Short-Interest Reporting)

Securities and Exchange Commission

NAICS 541211
Source: Federal Register

Questions this answers

Sources

Source record

The underlying regulation record — supporting evidence for the object above.

Key Details

Posted Date
NAICS Code
541211
Source
Federal Register

Description

SECURITIES AND EXCHANGE COMMISSION [Release No. 34-105824; File No. SR-FINRA-2026-012] Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Adopt FINRA Rule 4321 (Allocations of Fail To Deliver Positions) and Amend FINRA Rule 4560 (Short-Interest Reporting) June 30, 2026. On May 1, 2026, the Financial Industry Regulatory Authority, Inc. (“FINRA”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”)  1 and Rule 19b-4 thereunder, 2 a proposed rule change to (1) amend FINRA Rule 4560 (Short-Interest Reporting) to increase the frequency and granularity of the short interest information collected and disseminated by FINRA, and (2) adopt FINRA Rule 4321 (Allocations of Fail to Deliver Positions) to require members to report to FINRA on a monthly basis their daily allocations of fail to deliver positions to correspondent firms. The proposed rule change was published for comment in the Federal Register on May 18, 2026. 3 1  15 U.S.C. 78s(b)(1). 2  17 CFR 240.19b-4. 3   See Securities Exchange Act Release No. 105482 (May 13, 2026), 91 FR 28699 (May 18, 2026). Section 19(b)(2) of the Act  4 provides that within 45 days of the publication of notice of the filing of a proposed rule change, or within such longer period up to 90 days as the Commission may designate if it finds such longer period to be appropriate and publishes its reasons for so finding or as to which the self-regulatory organization consents, the Commission shall either approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether the proposed rule change should be disapproved. The 45th day after publication of the notice for this proposed rule change is July 2, 2026. The Commission is extending this 45-day time period. 4  15 U.S.C. 78s(b)(2). The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act, 5 designates August 14, 2026, as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change (File No. SR-FINRA-2026-012). 5  15 U.S.C. 78s(b)(2). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority. 6 6  17 CFR 200.30-3(a)(31). Sherry R. Haywood, Assistant Secretary. [FR Doc. 2026-13530 Filed 7-2-26; 8:45 am] BILLING CODE 8011-01-P

Frequently Asked Questions

Does this regulation apply to me?+
That depends on the scope stated in the rule itself. This page reproduces the record; the official source linked below carries the binding text, the effective date, and any comment period.

Where this record sits

What else do you want to know?

100M+ government records — search across all categories