Tag Archives: OBA

From Two Rules to One: FINRA’s Rule 3290 Will Reshape Supervision of OBAs and PSTs

Introduction In 2025, the Financial Industry Regulatory Authority (“FINRA”) issued Regulatory Notice 25-05, proposing new Rule 3290 to modernize and consolidate its long-standing requirements for outside business activities (“OBAs”) and … Continue reading From Two Rules to One: FINRA’s Rule 3290 Will Reshape Supervision of OBAs and PSTs

FINRA Proposes Rule 3290 to Streamline Oversight of OBAs and PSTs

The Financial Industry Regulatory Authority (FINRA) has proposed a new rule, FINRA Rule 3290 – Outside Business Requirements (Proposed Rule), to simplify and reduce unnecessary regulatory burdens related to the … Continue reading FINRA Proposes Rule 3290 to Streamline Oversight of OBAs and PSTs