16 Thus, a BD should be able to provide such information to its custom- ers without triggering suitability obligations, so long as an explicit recommendation is not made to the customer.Regulatory Notice 11-02 provides some guid- ance in...
[2] Regulatory Notice 17-11 at 1. FINRA cites various studies concluding that adults age 65 and older are more likely to be victims of financial exploitation. Id. at 6 n.2. [3] See Rule 2165(b)(1)(A), Supplementary Material .03 to Rule 2165, and Regulatory Notice...
FINRA Issues Regulatory Notice 10-22,April 20, 2010- The Obligations and Conduct of Broker-Dealers In Regulation D Offerings On April 20, 2010, The Financial Industry Regulatory Authority, known as FINRA, issued Regulatory Notice 10-22 setting forth guidance for its member firms concerning their ...
Format Changes and Timeline On November 15, 2021, FINRA/NYSE TRF will begin supporting timestamps with up to nanosecond granularity (HH:MM:SS.sssssssss) in accordance with amendments to FINRA's equity trade report rules. Please refer to FINRA Regulatory Notice 20-41 for additional information ...
If approved by the SEC, FINRA’s proposed Rule 6500 Series would go into effect 45 days after the May 7, 2024, publication of FINRA’s Notice of Proposed Rulemaking in theFederal Register— or on June 21, 2024. TheFederal Registerpublication also triggered the ...
But what I’m really worried about is FINRARegulatory Notice 22-08. I covered itbrieflyon CNBC last week, but I can’t seem to leave well enough alone, so here’s my formal comment letter to FINRA, which I’ll be filing in the next week. ...
the SEC also published a concept release on the electronic corporate bond and municipal securities market as part of the SEC’s review of the regulatory framework for fixed income electronic trading platforms in response to recommendations from the FIMSAC.35Do members have views on whether the chan...
ensure that the broker recruiting protocol is followed (for signatories), and defend against promissory note enforcement. In addition, our FINRA arbitration attorneys also help financial advisors, branch managers, RIAs, and financial executives with severance, regulatory issues, letters of education, and...
This is the notice that is used to obtain an underwriter for municipal bonds. Underwriters who are interested in bidding on municipal offerings will review the official notice of sale to determine if they would like to submit a bid to the issuer. ...
FINRA — a self-regulatory organization that oversees brokerage firms and their registered representatives — said it fined Robinhood $57 million and ordered the stock trading app to pay nearly $13 million in restitution to thousands of clients. "FINRA considered the widespread ...