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COMPLIMENTARY WEBINAR: FINRA MARK TO MARKET RULE

Glen Corso, CMLA Exec. Director

Thursday, November 16, 2017 from 2:00 PM to 3:00 PM (EST)

Ticket Information

Type Remaining End Quantity
General Admission 203 Tickets Ended Free  

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Event Details

NEW COMPLIMENTARY WEBINAR:
FINRA MARK TO MARKET RULE

Topic:                “What the FINRA Mark to Market Rule means for You”

Speaker:           Phil Rasori, Chief Operating Officer MCT

Date:                  November 16th, 2017


Time:                 2 pm EST/ 11 am PST


Description:

Starting June 25, 2018 if your company’s net mark to market position on covered agency transactions is more than negative $250,000 on a daily basis, your FINRA registered broker dealer will be required to collect the amount that exceeds $250,000 from you. This change is a result of a rules change by the Financial Industry Regulatory Authority (FINRA) that regulates most broker-dealers in the U.S.

This webinar, featuring Phil Rasori, Chief Operating Officer of Mortgage Capital Trading, Inc. (MCT), will tell you what you need to know about this new rule, what it will mean for your company and what you can do to minimize any negative impact to your company from the rule. 

Have questions about COMPLIMENTARY WEBINAR: FINRA MARK TO MARKET RULE? Contact Glen Corso, CMLA Exec. Director

When

Thursday, November 16, 2017 from 2:00 PM to 3:00 PM (EST)


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Organizer

Glen Corso, CMLA Exec. Director

CMLA is the only trade association exclusively representing the interests of small and mid-size independent mortgage lenders before Federal regulators and the U.S. Congress. CMLA has both mortgage banking companies and community banks as members and is managed by a 12 member, independent lender Board of Directors. Glen Corso is CMLA's Executive Director.

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