Tag Archives: Rule 1220

FINRA Proposes Amendment to Rule 1220 for Firms Exempt from FINOP Requirement

Financial Industry Regulatory Authority, Inc. (“FINRA”) filed  a proposed rule change with the Securities and Exchange Commission to amend FINRA Rule  Rule 1220(a)(4) (Financial and Operations Principal and Introducing Broker-Dealer Financial and Operations Principal) to: (1) Reflect that certain firms remain exempt from the requirement to designate an individual as a Financial and Operations Principal … Continue reading FINRA Proposes Amendment to Rule 1220 for Firms Exempt from FINOP Requirement