Elizabeth Hogan

Apr 4, 2024 | lexblog.com | Elizabeth Hogan |John Ayanian |James E. Lego |Rhea Shahane

On March 6, the SEC released its long-anticipated adopting release amending Rule 605.[1]  Separately, in late February, FINRA issued discussing new FINRA , which requires member firms to provide Rule 606 reports to FINRA. The following provides a brief overview of these recent moves by both regulators.  Rule 605 Amendment HighlightsThe key changes to Rule 605 include: Larger broker-dealers will be required to report.

Apr 4, 2024 | lexology.com | Elizabeth Hogan |John Ayanian |James E. Lego |Rhea Shahane

On March 6, the SEC released its long-anticipated adopting release amending Rule 605.[1] Separately, in late February, FINRA issued discussing new FINRA , which requires member firms to provide Rule 606 reports to FINRA. The following provides a brief overview of these recent moves by both regulators. Rule 605 Amendment HighlightsThe key changes to Rule 605 include:Larger broker-dealers will be required to report.