# 2024-31178: Daily Computation of Customer and Broker-Dealer Reserve Requirements Under the Broker-Dealer Customer Protection Rule

2024-31178, Daily Computation of Customer and Broker-Dealer Reserve Requirements Under the Broker-Dealer Customer Protection Rule, is a Federal Register rule from an unnamed agency published 2025-01-13, effective 2025-03-14 (as of 2026-06-11).

- Canonical: https://policyrisk.com/federal-register/2024-31178
- As of: 2026-06-11
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2024-31178
- Title: Daily Computation of Customer and Broker-Dealer Reserve Requirements Under the Broker-Dealer Customer Protection Rule
- Type: Rule
- Agencies: unknown
- Citation: unknown
- Published: 2025-01-13
- Effective: 2025-03-14
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-11

## Summary

Starting March 14, 2025, certain broker-dealers must calculate and deposit customer reserve funds every day instead of once a week. This change helps keep customer money safer and lets some broker-dealers reduce their required reserves a bit, from 3% to 2%. These updates also tweak reporting forms to match the new rules, making the whole process smoother and more accurate.

## Abstract

The Securities and Exchange Commission ("Commission") is adopting amendments to the broker-dealer customer protection rule to require certain broker-dealers to perform their reserve computations for accounts of customers and proprietary accounts of broker-dealers and make any required deposits into their reserve bank accounts daily rather than weekly. The Commission also is adopting amendments to the broker-dealer net capital rule and customer protection rule to permit certain broker-dealers that perform a daily reserve computation for accounts of customers to reduce aggregate debit items (i.e., customer- related receivables) by 2% rather than 3% as part of the computation. Finally, the Commission is adopting technical amendments to the Financial and Operational Combined Uniform Single Report ("FOCUS Report") to conform it to the amendments with respect to the lowering of the debit reduction from 3% to 2%.

## Effects PRIA read

- Daily Reserve Computations for Big Brokers: mixed, medium. If a broker-dealer holds a lot of customer cash, the SEC now requires firms with average total credits of $500,000,000 or more to compute customer and PAB reserve amounts daily instead of weekly. The rule is effective March 14, 2025, and firms that exceed the $500 million average based on month-end…
- Debit Reduction Cut From 3% to 2%: benefit, medium. Broker-dealers that perform a daily customer reserve computation and use the alternative net capital method may reduce aggregate debit items by 2% instead of 3%. The 2% debit reduction is available automatically to firms above the $500,000,000 average total credits threshold; firms below that thres…

## Related documents

- [2026-20736](https://policyrisk.com/federal-register/2026-20736): Air Plan Approval; Michigan; Clean Data Determination for the Berrien, MI and Muskegon, MI Areas for the 2015 Ozone Standards, 2026-10-09
- [2026-20757](https://policyrisk.com/federal-register/2026-20757): Schedules of Controlled Substances; Removal of Exemption Status for Inactive Butalbital Products, 2026-10-09
- [2026-20727](https://policyrisk.com/federal-register/2026-20727): Medical Devices; Immunology and Microbiology Devices; Classification of the System for Detection of Nucleic Acid From Non-Viral Microorgani…, 2026-10-09
- [2026-20792](https://policyrisk.com/federal-register/2026-20792): Raisins Produced From Grapes Grown in California; Order Amending Marketing Order No. 989, 2026-10-09
- [C1-2026-20019](https://policyrisk.com/federal-register/C1-2026-20019): Fisheries of the Exclusive Economic Zone Off Alaska; Groundfish Reserves in the Bering Sea and Aleutian Islands Management Area, 2026-10-09
- [2026-20748](https://policyrisk.com/federal-register/2026-20748): Schedules of Controlled Substances: Placement of O-Desmethyltramadol in Schedule I; Correction, 2026-10-09

## Sources
- [2024-31178 on federalregister.gov](https://www.federalregister.gov/documents/2025/01/13/2024-31178/daily-computation-of-customer-and-broker-dealer-reserve-requirements-under-the-broker-dealer)
- [2024-31178 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-01-13/pdf/2024-31178.pdf)

## Related
- [Previous: C1-2024-30267, Reissuance of State or Local Bonds](https://policyrisk.com/federal-register/C1-2024-30267)
- [Next: 2025-00081, Medicare and Medicaid Programs: Hospital Outpatient Prospective Payment and Amb…](https://policyrisk.com/federal-register/2025-00081)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2024-31178 (as of 2026-06-11).