FINRA reconsiders BrokerCheck Web link plan

February 10, 2014 by Melanie Waddell

The Financial Industry Regulatory Authority plans to reconsider at its board meeting Thursday a revised proposal to require firms to provide a link to BrokerCheck on their websites and specified online retail communications with the public.

FINRA decided last April to pull the plug on the rule after it drew criticism from industry officials. A FINRA spokesperson told ThinkAdvisor at the time that FINRA withdrew the filing “in order to give further consideration to the comments received in response to the SEC’s publication of the proposed rule change,” and that FINRA planned to refile its proposal. Click here to read…

Originally Posted at LifeHealthPro on February 7, 2014 by Melanie Waddell.