Customer Protection Rule 15C3-3

Rule15C3-3, or the “Customer Protection Rule” as it’s also known, dictates the minimum amount of securities and cash that broker-dealers must hold in secure accounts on behalf of their clients. The goal is to ensure that customers can always access a large portion of their funds, even if the firm itself becomes insolvent.

This online course provides an opportunity to learn how the three main purposes of the Rule 15C3-3 protect customer interests and how they affect the regulatory environment within firms.

We’ll begin with a high-level overview of the Regulatory Environment, and then explore the brief history of the Customer Protection Rule and its origin. We’ll then move to operations, which is a vital conversation since Rule 15C3-3 is an operations based rule. We’ll cover Settlement, Margin, Stock Record, and Financing Tools and then finally dive deep into the actual 15C3-3 rule.

This online course comprises of the following 3 modules which are packed with interesting video lectures and exercises:

• Module 01: Introduction
• Module 02: Operations
• Module 03: Rule 15C3-3 Reserve Formula

1. Module 1: Introduction
   • Lesson 1: Regulatory Environment Overview
   • Lesson 2: Rule 15C3-3 Reserve Formula
2. Module 2: Operations
   • Lesson 1: Settlement
   • Lesson 2: Custody and Asset Servicing
   • Lesson 3: Margin
   • Lesson 4: Stock Record
3. Module 3: Rule 15C3-3 Reserve Formula
   • Lesson 1: Rule 15C3-3 Reserve Formula