Dodd-Frank Broker-Dealer
FINRA Solicits Comments on Rules Impacting Capital Formation and Proposed Changes to the Corporate Financing Rule
Broker-Dealer, Public Companies and Securities In what seems to be a bow to the Trump Administration, FINRA has issued Regulatory Notice 17-14 which broadly seeks comments on FINRA rules that impact capital formation. Specific rules FINRA is seeking comment on include: Capital Acquisition Broker Rules Funding Portal Rules Rule 2241 (Research Analysts and Research Reports) Rule 2242 (Debt Research Analysts […] Read more →
SEC Approves T+2 settlement; Abides by T+4 settlement for Firm Commitment Deals
Broker-Dealer, Public Companies and Securities On February 10th, the SEC took action to formally approve of changes proposed by the NASDAQ Stock Market, NYSE MKT LLC, and New York Stock Exchange LLC’s, to shorten the... Read more →
Trump Requires DOL to Reevaluate the Fiduciary Rule
Broker-Dealer, Investment Advisers, Trump Under current law, stockbrokers are only required to recommend suitable investments to their clients. The Department of Labor has issued a so called “fiduciary rule”... Read more →
SEC Simplifies Filing of Broker-Dealer Annual Reports on EDGAR
Broker-Dealer The SEC has previously provided guidance on the filing of annual and supplemental reports required under Rule 17a-5 or Rule 17a-12 by broker-dealers or over-the-counter... Read more →