Regulatory Notice 11-43
FINRA Requests Comment on Proposed Amendments to Rule 5210 Regarding Publication of Indications of Interest
FINRA requests comment on proposed amendments to FINRA Rule 5210 to require that member firms receive a customer order in a security before displaying a quotation or indication of interest (IOI) in a way that purports to represent that the quotation or IOI originated with a customer. Similarly, a firm could not continue to display a quotation or IOI as representing a customer order once the customer order was executed or cancelled.
The text of the proposed amendments is in Attachment A to this Notice.
Questions concerning this Notice should be directed to Brant K. Brown, Associate General Counsel, Office of General Counsel, at (202) 728-6927.
|Date||Commenter||Format - Size|
|10/11/2011||Helvea Inc.||PDF - 95.78 KB|
|10/18/2011||Liquidnet, Inc.||PDF - 799.04 KB|
|10/20/2011||ITG Inc.||PDF - 214.87 KB|
|10/21/2011||Raptor Trading Systems||PDF - 86.41 KB|
|10/21/2011||JMP Securities||PDF - 37.79 KB|
|10/21/2011||Security Traders Association||PDF - 132.81 KB|
|10/21/2011||STANY||PDF - 324.86 KB|
|10/21/2011||Capital Research and Management Company||PDF - 138.71 KB|
|11/9/2011||SIFMA||PDF - 109.68 KB|