Tag Archives: Regulatory Notice

FINRA Gives Additional Guidance on Contingency Offerings

The Financial Industry Regulatory Authority’s  (FINRA) review of securities offering documents has revealed a large number of instances in which broker-dealers have not complied with requirements of Rules 10b-9 and 15c2-4 under the Securities Exchange Act of 1934 (SEA) as they relate to contingency offerings.  FINRA published Regulatory Notice 16-08 to provide guidance regarding the … Continue reading FINRA Gives Additional Guidance on Contingency Offerings

New FINRA Rule 3210 – Accounts At Other Broker-Dealers

The SEC has approved new FINRA Rule 3210 (Accounts at Other Broker-Dealers and Financial Institutions) which is a consolidated rule governing accounts opened or established by associated persons at firms other than the firm at which they are employed. The goal of the new rule is to help facilitate effective oversight of such accounts by member firms.  New … Continue reading New FINRA Rule 3210 – Accounts At Other Broker-Dealers

SEC Approves FINRA Rule 2272 on the Sales of Securities on Military Installations

The SEC approved  Regulatory Notice 15-34,  the adoption of FINRA Rule 2272 (Sales and Offers of Sales of Securities on Military Installations), to govern sales and offers of sales of securities by firms on the premises of any military installation to members of the U.S. Armed Forces or their dependents. The rule becomes effective March 30, … Continue reading SEC Approves FINRA Rule 2272 on the Sales of Securities on Military Installations

FINRA Provides Guidance on Regulation A+ Offerings

FINRA recently published Regulatory Notice 15-32 to provide guidance regarding the FINRA filing requirements and review procedures that apply to firms that participate in Regulation A+ offerings.   Specifically, FINRA’s Corporate Financing Rules require firms that participate in Regulation A+ offerings to file with FINRA information specified in the rules.   FINRA’s Communications with the Public Rule and its … Continue reading FINRA Provides Guidance on Regulation A+ Offerings