Tag Archives: Regulatory Notice 19-36

FINRA Proposes Rule Restricting Registered Reps Being Named a Beneficiary, Executor or Trustee

The Financial Industry Regulatory Authority (“FINRA”) has announced a proposed rule to limit any associated person of a member firm who is registered with FINRA (each a “registered person”) from being named a beneficiary, executor or trustee, or to have a power of attorney or similar position of trust for or on behalf of a … Continue reading FINRA Proposes Rule Restricting Registered Reps Being Named a Beneficiary, Executor or Trustee