InvestmentNews, Ignites | Finra Issues Regulation Best Interest Checklist for Brokers | News & Insights

General Publications June 29, 2021

“FINRA’s Short Data Reporting Idea May Spell Long-Term Pain,” Law360, June 29, 2021.

It’s not often that highly technical stock trading regulations work their way into popular discourse. But that’s what has recently happened in ongoing social media hype over the significance of short interest in stocks, which refers to the total open short positions in a stock on a given date. This article discusses the Financial Industry Regulatory Authority’s regulation of short interest reporting and how the organization’s latest proposal may impact broker-dealers.

Financial Services & Products Advisory March 20, 2020

Financial Services & Products Advisory: FINRA Proposes Rule Updates to Conform with Reg BI—But State Suitability Standards Remain an Open Question

The Securities and Exchange Commission’s Regulation Best Interest (Reg BI) goes into effect in a few short months. Our Financial Services & Products Group reviews how the Financial Industry Regulatory Authority is responding with changes to its own suitability-based rules, answering one question but leaving open others.

In the News January 6, 2020

Ignites | Start the Clock: Regulators to Enforce Reg BI in Six Months

Tim Foley is quoted on guidance by the Securities and Exchange Commission and Financial Industry Regulatory Authority for complying with Regulation Best Interest and notes how industry members should be preparing for it.

In the News October 9, 2019

Reuters | FINRA Unveils Program to Help Firms Prepare for Regulation Best Interest in Changing Industry Landscape

Tim Foley is quoted on the initial guidance provided by the Securities and Exchange Commission and Financial Industry Regulatory Authority for complying with Regulation Best Interest and Form CRS.

Investment Management Updates August 2021

Investment Management, Trading & Markets Updates – August 2021

Learn more about federal priorities—from the “qualified clients” exemption to a pair of bills in Congress to new filing obligations—that will affect the investment industry in the latest issue of Investment Management, Trading & Markets Updates.