Regulatory Notice 11-41

FINRA Provides Guidance on Prohibition Against Offering Favorable Research to Induce Investment Banking Business

Executive Summary

FINRA is reminding member firms of the need for heightened supervision over solicitation and research activities in circumstances where an issuer has communicated an expectation of favorable research as a condition of participating in an offering.

 

Questions concerning this Notice should be directed to Philip Shaikun, Associate Vice President, Office of General Counsel, at (202) 728-8451.