Modernizing FINRA Rule 4210: Impacts to Market Makers and the Role of Automation
Oyster Stew - A Broth of Financial Services Commentary and Insights
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Oyster Stew - A Broth of Financial Services Commentary and Insights
Modernizing FINRA Rule 4210: Impacts to Market Makers and the Role of Automation
May 28, 2024
Oyster Consulting, jeff Gearhart, Jose Fernandez, Stephen Mellert

After nearly a decade of delays, FINRA is finally enacting amendments to Rule 4210.  The new Covered Agency Transaction requirements became effective  May 22nd, 2024. Oyster’s Jeff Gearhart, Jose Fernandez and  Stephen Mellert,  co-founder of Matrix Application’s margin calculator, share their insights into what the new rule means for market makers, the capital implications, and the importance of automation. 


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