Require brokerage firms to notify account holders of ACATS transfer requests.

Elizabeth Warren · Massachusetts · Democratic

policy impact 0.55 specificity 0.86 extraction confidence 93%

Commitment kind: unknown. Promised action: not established. Promised outcome: not established. Deadline: unknown; not assumed expired.

Contest this claim

Occurrences

Evidence

unverified · Source version 62288 · locator unknown

Warren and Wyden wrote that FINRA should create immediate requirements for transfer notification and later require outgoing-account-holder approval. They specifically asked FINRA to codify voluntary guidance into a binding rule requiring brokers to send text, email, or push alerts when an ACATS transfer request is received, and requested a FINRA response by September 17, 2026.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Warren has taken concrete oversight action to press FINRA to require ACATS transfer-request notices, but the letter itself shows the requirement was still only being demanded, not in force, as of August 20, 2026.

unresolved same_term A for effort

08.20.2026 Wyden Warren FINRA Letter ACATS Security
secondary · model gpt-5.5 · confidence 94%

Contest this evidence item

legacy_unverified · Source version not recorded · locator unknown

FINRA states that securities transfers through ACATS are not covered by Rule 3110(c) customer-notification requirements; ACATS transfers are governed by FINRA Rule 11870 instead.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Current FINRA guidance indicates there is not yet a binding general customer-notification requirement for ACATS transfers, so the commitment remains undelivered as of the September 11, 2026 refresh.

unresolved same_term

Supervision Frequently Asked Questions (FAQ)
secondary · model gpt-5.5 · confidence 93%

Contest this evidence item

Assessments

Public state: unverified As of unknown · legacy_unverified · . Original AI recommendation (not independently established): unresolved. same_term A for effort

The promised outcome is not yet in force: FINRA guidance still indicates ACATS transfers are not covered by existing customer-notification requirements. Warren did materially advance the issue during her current Senate term by joining Wyden in pressing FINRA to make transfer-request alerts mandatory, but the letter sought future rulemaking and requested a response after the September 11, 2026 refresh date. Because she remains in office and the regulatory request is pending rather than definitively failed, the best classification is unresolved with an effort badge.

provider codex_cli · model gpt-5.5 · confidence 93%