# 15c3-3

| Author       | Source       | 
| :-------------: |:-------------:|
| [u/rensole](https://www.reddit.com/user/rensole/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/mw0w96/synopsis_for_04222021_what_we_need_to_know_before/) | 

---

As of April 22, 2021, broker-dealers will be required to bring themselves into compliance margin requirements. Rule 15C3-3 established the requirement to keep enough cash and securities in a segregated account that will cover a portion of the costs of a major market move. This one goes into effect as of today

<https://www.sec.gov/news/public-statement/staff-fully-paid-lending>

<https://www.sec.gov/divisions/marketreg/mr-noaction/2020/finra-fpl-20201022-15c3-3.pdf>

<https://www.law.cornell.edu/cfr/text/17/240.15c3-3>
