Information Statement in accordance with Article 15 of the Securities Financing Transactions Regulation
SIFMA, along with AFME, FIA, ICMA, ISDA and ISLA, have developed this form of Information Statement to allow firms to comply with the requirements under the European Union’s Securities Financing Transaction Regulation (SFTR).
Securities Lending Customer Risk Disclosure Document
This form may be used by FINRA member firms who enter into securities lending agreements with customers with respect to fully paid or excess margin securities carried for the account of the customer. The form is designed to satisfy the customer disclosure requirements in FINRA Rule 4330(b)(2)(B). Please note that member firms may need to add or revise disclosures, or otherwise make modifications to the form, in order for the disclosures to be consistent with the operation of the firm’s unique securities lending program.