Regulatory Notice 10-62
SEC Approval and Effective Date for New Consolidated FINRA Rule
Following the consolidation of NASD and the member regulation, enforcement and arbitration functions of NYSE Regulation into FINRA, FINRA established a process to develop a new consolidated rulebook (Consolidated FINRA Rulebook), which FINRA has discussed in previous Information Notices. FINRA is proposing new consolidated rules in phases for approval by the Securities and Exchange Commission (SEC) as part of the Consolidated FINRA Rulebook. In October and November, the SEC approved four new consolidated FINRA Rules. This Regulatory Notice specifically addresses the approval and effective date of new FINRA Rule 2232 (Customer Confirmations). The text of new FINRA Rule 2232 is available in the online FINRA Manual at www.finra.org/finramanual.
Questions regarding this Notice should be directed to Adam H. Arkel, Assistant General Counsel, Office of General Counsel, at (202) 728-6961.