Regulatory Notice 12-02

FINRA Provides Guidance on Application of Communications Rules to Disclosures Required by Department of Labor

Executive Summary

FINRA is providing guidance to firms on the application of NASD Rules 2210 and 2211 to information provided by a firm to participant-directed individual account plan participants pursuant to U.S. Department of Labor Rule 404a-5 under the Employee Retirement Income Security Act of 1974.

 

Questions concerning this Notice should be directed to:

  • Thomas A. Pappas, Vice President, Advertising Regulation, at  (240) 386-4553; or
  • Joseph P. Savage, Vice President, Investment Companies Regulation,  at (240) 386-4534.