Proposed Rule Change to Amend the Discovery Guide Used in Customer Arbitration Proceedings to Provide Guidance on Electronic Discovery Issues and Product Cases and to Clarify the Existing Provision Relating to Affirmations:
Adoption of Final Rule for Broker-Dealers Engaging in a Retail Forex Business
The Financial Industry Regulatory Authority, Inc. ("FINRA") recently filed with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend the By-Laws of FINRA Dispute Resolution, Inc. (By-Laws) to clarify that services provided by mediators, when acting in such capacity and not representing parties in mediation, should not cause the individuals to be classified as Industry Members under the By-Laws.
FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq.
The purpose of this post is to provide the reader with information relative to recently proposed or adopted rule changes issued by the Financial Industry Regulatory Authority (FINRA), in addition to Guidance Releases relating to the interruptation of these rules. This information is being provided for informational purposes only. Thus, it should not be relied upon as legal advice, Also, the information provided below is subject to withdrawal, revocation and modification by FINRA, which may or may not be reflected on this site. Consequently, the reader should contact a qualified professional concerning the current status of any of the information referenced below.
Broker/Dealer - Private Placements:
SEC Approves Consolidated FINRA Rules Governing Know-Your-Customer: