Regulatory Notice 09-34

FINRA Requests Comment on Proposed Consolidated FINRA Rule Governing Investment Company Securities

Comment Period Expired: August 3, 2009

As part of the process to develop a new consolidated rulebook (the Consolidated FINRA Rulebook), FINRA is requesting comment on a proposed FINRA rule regarding the distribution and sale of investment company securities. The proposal is based on NASD Rule 2830, subject to certain changes, including proposed new requirements regarding disclosure of cash compensation.

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

Questions concerning this Notice should be directed to:

  • Joe Savage, Vice President and Counsel, Investment Companies Regulation, at (240) 386-4534; or
  • Stan Macel, Assistant General Counsel, Office of General Counsel, at (202) 728-8056.
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: 
DateCommenterFormat - Size
8/3/2009Investment Company InstitutePDF - 1.83 MB
8/3/2009USAAPDF - 1015.75 KB
8/3/2009LPL FinancialPDF - 265.33 KB
8/3/2009Charles SchwabPDF - 690.42 KB
8/3/2009SIFMAPDF - 106.47 KB
7/30/2009GWFS Equities, Inc.PDF - 31.76 KB
8/3/2009SutherlandPDF - 132.12 KB
8/7/2009Financial Services InstitutePDF - 66.15 KB
9/29/2009Warner Norcross & Judd LLPPDF - 58.6 KB