Focus Reports definition

Focus Reports means the Financial Operational Combined Uniform Single reports filed with FINRA.

Focus Reports means Financial and Operation Combined Uniform Single Reports filed by Broker/Dealer in accordance with Exchange Act rules and regulations.

Focus Reports means the Financial Operational Combined Uniform Single reports filed with the NASD.

Examples of Focus Reports in a sentence

• Financial statement filing requirements under this Rule must be met through Eris Clearing-approved electronic transmission, except for certified Form 1-FR-FCMs or FOCUS Reports, which shall be submitted in physical form.

• Trading cards, documents on which trade information is originally recorded in writing, written orders re- quired to be kept pursuant to § 1.35(a), (a–1)(1), (a–1)(2) and (d), and paper cop- ies of electronically filed certified Forms 1–FR and FOCUS Reports with the original manually signed certifi- cation must be retained in hard-copy for the required time period.(Approved by the Office of Management and Budget under control numbers 3038–0007 and 3038–0022)[41 FR 3194, Jan.

• Broker shall furnish Pershing copies of FOCUS Reports, financial statements for the current fiscal year, the executed Forms X-17a-5 (Parts I and IIA) filed with the SEC, any amendments to Broker's Form BD, and any other regulatory or financial reports Pershing may from time to time require.

• For firms that do not file FOCUS Reports, file a statement of financial condition giving the type and amount of the firm’s assets and liabilities and net worth.

• The WinJammer system is provided at no cost to FCMs. FCMs currently use WinJammer to transmit Forms 1–FR– FCM, FOCUS Reports, and other financial information and regulatory notices to the Commission and to the SROs.when received by the Commission Regional office with jurisdiction over the state in which the FCM has its principal place of business.

More Definitions of Focus Reports

Focus Reports as defined in Section 4.4.

Focus Reports mean the FOCUS Report of Seller on Form X-17A-5, including all parts, financial statements, notes and schedules attached thereto or contained therein, for the quarterly periods from April 1, 2001 to March 31, 2004.

Focus Reports has the meaning specified in Section 6.02(b).

Focus Reports has the meaning specified in Section 6.02(b). “Foreign Lender” means (a) if the Borrower is a U.S. Person, a Lender that is not a U.S. Person, and (b) if the Borrower is not a U.S. Person, a Lender that is resident or organized under laws of a jurisdiction other than that in which the Borrower is resident for tax purposes. For purposes of this definition, the United States, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction. “Foreign Subsidiary” means any direct or indirect Subsidiary of the Borrower that is not a Domestic Subsidiary and is not disregarded as an entity separate from an entity that is a Domestic Subsidiary for U.S. tax purposes. “FRB” means the Board of Governors of the Federal Reserve System of the United States. “Fronting Exposure” means, at any time there is a Defaulting Lender, with respect to any Issuing Bank, such Defaulting Lender’s Applicable Percentage of the outstanding L/C Obligations with respect to Letters of Credit issued by such Issuing Bank other than L/C Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Revolving Credit Lenders or Cash Collateralized in a manner reasonably satisfactory to such Issuing Bank. “Fund” means any Person (other than a natural Person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities. “GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied. “Governmental Authority” means the government of the United States or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, self-regulatory organization, exchange, clearinghouse, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Uni...

Focus Reports provided to FINRA or filed with the SEC in respect of each Broker-Dealer Subsidiary; (ii) for each Broker-Dealer Subsidiary that does not qualify for an exemption from Rule 15c3-3 under the Exchange Act pursuant to paragraph (k) thereof, a weekly report setting forth the 15c3-3 reserve calculations of such broker-dealer, including, without limitation, the underlying calculation used to produce such reserve calculations; (iii) all other material written presentations and reports with respect to one or more Broker-Dealer Subsidiary provided to any Governmental Authority or any of the self-regulatory organizations, clearing banks or clearing brokers through which each such Broker-Dealer transacts (together with all relevant regulatory authorities, collectively, the “Relevant Authorities”) with respect to such broker-dealer’s net capital, liquidity and compliance with financial responsibility rules; (iv) any “early warning” notification of reductions in its level of Regulatory Net Capital delivered by a Broker-Dealer Subsidiary to a Relevant Authority, including those under Rule 17a-11 under the 80 #96922345v9

Focus Reports. Each of the Financial Statements was prepared in accordance with GAAP and fairly presents the consolidated financial condition, results of operations, changes in stockholders' equity and cash flows of the Parent and its Subsidiaries (or of the applicable Subsidiary, as the case may be) at such dates and for the respective periods then ended (except, in the case of such unaudited statements, for normal year-end audit adjustments). The FOCUS Reports are correct and complete in all material respects and conform in all material respects to Exchange Act requirements and applicable SEC rules and regulations.

Focus Reports has the meaning ascribed to such term in Section 5.01(e). "FORM BD" means, as to any Person, the uniform broker-dealer registration form submitted by such Person from time to time in compliance with Rule 15b1-1 promulgated by the SEC under the Exchange Act.