SR-FINRA-2008-025

Proposed Rule Change to Adopt NASD Rule 2790 as FINRA Rule 5130 in the Consolidated FINRA Rulebook

Financial Industry Regulatory Authority, Inc. ("FINRA") (f/k/a National Association of Securities Dealers, Inc. ("NASD")) is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to adopt NASD Rule 2790 (Restrictions on the Purchase and Sale of Initial Equity Public Offerings) as FINRA Rule 5130 in the consolidated FINRA rulebook, with only minor changes.