FINRA launches retrospective review of rules
April 9, 2014 by Melanie Waddell
The Financial Industry Regulatory Authority launched Tuesday its “retrospective review initiative” by requesting comments on the effectiveness and efficiency of some of its rules.
The comment period on Regulatory Notice 14-14 on communications with the public, and Regulatory Notice 14-15 regarding the gifts, gratuities and noncash compensation rules, expires May 8.
“FINRA believes it is important to look back at its significant rulemakings to determine whether those rules and rule sets are meeting their intended investor protection objectives by reasonably efficient means,” said Robert Colby, FINRA’s chief legal officer, in a statement.
Originally Posted at LifeHealthPro on April 9, 2014 by Melanie Waddell.
Categories: Industry Articles
