Data Dictionary
Item Number B271
MINIMUM DOLLAR NET CAPITAL REQUIREMENT OF REPORTING BROKER OR DEALER AND MINIMUM NET CAPITAL REQUIREMENT OF SUBSIDIARIES COMPUTED IN ACCORDANCE WITH NOTE (A)Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SEC1B271 | 2000-03-31 | 9999-12-31 | Yes | SEC 1695/1696 |
| SEC2B271 | 2000-03-31 | 9999-12-31 | Yes | SEC 1695/1696 |
Data Description:
Includes minimum dollar net capital requirement of reporting broker or dealer and minimum net capital requirement of subsidiaries computed in accordance with Note (A).
Note A: The minimum net capital requirement should be computed by adding the minimum dollar net capital requirement of the reporting broker dealer and, for each subsidiary to be consolidted, the greater of:
1. Minimum dollar net capital requirement, or
2. 6 2/3% of aggregate indebtedness or 2% of aggregate debits if alternative method is used
NOTE:
Reported on the Focus Report as items 3758 (SEC1) and 3880 (SEC2).