Glossary of Municipal Securities Terms

FOCUS REPORT

A document summarizing information concerning a broker-dealer’s financial and operational status that a broker-dealer is required to file with its regulatory authority on a periodic basis. Part I (an abbreviated listing of essential data) is filed monthly; Part II (a more detailed reporting including a balance sheet and income statement) is filed quarterly and annually. The term is derived from the acronym for “Financial and Operational Combined Uniform Single” report.

Search the Glossary

 

Browse Terms by Letter