English to Italian Bus/Financial Finance (general)

This terms refers to a type of contract with regards to what is elsewhere defined as "carrying agreement".
In this context, the term "carrying" may be interpreted as performing a series of task for brokers. This could "include ensuring regulatory compliance, recording and distributing client documents, and monitoring credit risk for margin accounts."**



According to FINRA regulation:

"Each such carrying agreement(s) shall identify and bind every direct and indirect recipient of clearing services as a party thereto.
(2) A carrying firm may enter into a carrying agreement(s) for the carrying of the customer accounts of a person other than a U.S. registered broker or dealer, subject to the conditions set forth in this Rule.
(b)(1) The carrying firm shall submit to FINRA for prior approval any agreement for the carrying of accounts, whether on an omnibus or fully disclosed basis, before such agreement may become effective. The carrying firm also shall submit to FINRA for prior approval any material changes to an approved carrying agreement before such changes may become effective."


Useful links

Definition of Carrying Agreements by the FINRA
https://www.finra.org/rules-guidance/rulebooks/finra-rules/4...

**Definition of Carrying Broker - Investopedia
https://www.investopedia.com/terms/c/carryingbroker.asp