Regulatory Notice 09-63

FINRA Requests Comment on Proposed Consolidated FINRA Rule Governing Discretionary Accounts and Transactions; Comment Period Expired: December 28, 2009

Executive Summary

As part of the process of developing a new consolidated rulebook (the Consolidated FINRA Rulebook), FINRA is requesting comment on a proposed consolidated FINRA rule governing discretionary accounts and transactions.


The text of the proposed rule is set forth in Attachment A.


Questions regarding this Notice should be directed to Afshin Atabaki, Assistant General Counsel, Office of General Counsel, at (202) 728-8902.

View Full Notice PDF 126 KB

The views, expressions, findings and opinions expressed in the comments on this Web page are solely those of the author(s) and FINRA accepts no responsibility for the content of the comments.

Comments By Date Received
Sanderlin Securities LLC (PDF 24 KB) 11/20/2009
Bob Hillard (PDF 30 KB) 12/17/2009
Cornell University (PDF 1,252 KB) 12/18/2009
Seward and Kissel, LLP (PDF 428 KB) 12/24/2009
Scottrade, Inc. (PDF 27 KB) 12/24/2009
Financial Services Institute (PDF 99 KB) 12/28/2009
Neal Nakagiri (PDF 30 KB) 12/31/2009
SIFMA (PDF 1,738 KB) 2/1/2010