Regulatory Notice 12-27

FINRA Requests Comment on Proposed Amendments to FINRA Rule 5110 Regarding Deferred Compensation Arrangements in Public Offerings

Comment Period Expired: July 23, 2012

FINRA is requesting comments on proposed amendments to FINRA Rule 5110 (Corporate Financing Rule) that address current deferred compensation arrangements for financial advisory services in connection with public offerings, eliminate an anomalous filing requirement for exchange traded funds structured as statutory or grantor trusts, and make certain ministerial amendments to, among other things, reflect electronic filing requirements.

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

Questions regarding this Notice may be directed to:

  • Joseph E. Price, Senior Vice President, Corporate Financing/Advertising Regulation, at (240) 386-4623;
  • Paul Mathews, Director, Corporate Financing Department, at  (240) 386-4639; or
  • Lisa Jones Toms, Associate Director and Senior Counsel, Corporate Financing Department, at (240) 386-4661.
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
7/23/2012SIFMAPDF - 85.91 KB
7/23/2012ALPS Distributors, Inc.PDF - 178.25 KB
7/30/2012American Bar AssociationPDF - 73.43 KB