FINRA Board of Governors

Rulemaking Items for Discussion at the April 2014 Meeting
The FINRA Board of Governors will consider the following rulemaking items at its April 2014 meeting. After the April 24 meeting, FINRA will notify firms via email about the Board's actions on these items and anticipated next steps, if any.

 

Background Investigations
The Board will consider a proposed amendment to FINRA Rule 3110 (Supervision) regarding background investigations of applicants for registration, including requiring firms to adopt written procedures that are reasonably designed to verify the accuracy and completeness of the information contained in an applicant's Form U4.

 

Customer Account Statements
The Board will consider a proposed consolidated FINRA rule regarding customer account statements.

 

Panelist Pool Expansion for Disciplinary Hearings
The Board will consider proposed amendments to the Code of Procedure to expand the categories of individuals eligible to serve as panelists in disciplinary proceedings.

 

Public Repository of FINRA Form 211 Information
The Board will consider proposed amendments to establish a public repository of cleared Form 211 information.