FINRA Proposes New Rule on Outside Business Activities and Private Securities Transactions

April 9, 2018Legal AlertsFINRA, Outside Business Activities, Private Securities TransactionsDaniel LeGaye

FINRA seeks comments on a proposed new rule to consolidate FINRA Rule 3270 (Outside Business Activities of Registered Persons) and FINRA Rule 3280 (Private Securities Transactions of an Associated Person). The proposed rule would require registered persons to provide their firm(s) with prior written notice for all investment-related or other business activities outside the scope … Continue reading FINRA Proposes New Rule on Outside Business Activities and Private Securities Transactions →

Comment Period Ends on Review of Rules on Outside Business Activities and Personal Securities Transactions

Outside Business Activities, Private Securities Transactions

The Financial Industry Regulatory Authority (“FINRA”) announced in Regulatory Notice 17-20 that it has identified Rules 3270 and 3280, which govern outside business activities and personal securities transactions for review. The rules govern firm employees’ business and securities activities that are carried out away from their firm – activities that are outside the regular course or … Continue reading Comment Period Ends on Review of Rules on Outside Business Activities and Personal Securities Transactions →