Tag Archives: LCFB

FINRA Comment Letter – Regulatory Notice 14-09; Limited Corporate Financing Broker (LCFB)

FINRA Comment Letter – Regulatory Notice 14-09; Limited Corporate Financing Broker (LCFB) The Financial Industry Regulatory Authority (FINRA) published Regulatory Notice 14-08 (Regulatory Notice) seeking comments on a proposed rule set (Proposed Rule Set”) for member firms that meet the definition of “limited corporate financing broker” (LCFB).  It is a positive sign that FINRA acknowledges that … Continue reading FINRA Comment Letter – Regulatory Notice 14-09; Limited Corporate Financing Broker (LCFB)

FINRA Announces Proposed Rules for Limited Corporate Financing Broker Category

Overview In late February, the Financial Industry Regulatory Authority (“FINRA”) released Regulatory Release 14-09, and requested public comment on the proposed rules (the “LCFB Rule Set”) for a new category of broker-dealer called the Limited Corporate Financing Brokers (“LCFB”). The LCFB Rule set will be comprised of new FINRA rules 010 to 1000. The comment … Continue reading FINRA Announces Proposed Rules for Limited Corporate Financing Broker Category