Regulatory Notice 17-38

FINRA Requests Comment on a Proposal to Amend Rule 3110 (Supervision) to Provide Firms the Option to Conduct Remote Inspections of Offices and Locations That Meet Specified Criteria

Comment Period Expires: January 12, 2018

Summary

This Notice seeks comment on a proposal to amend Rule 3110 to add new Supplementary Material .15 to provide firms with the flexibility to conduct remote inspections of “qualifying offices” that meet specified criteria, in lieu of physical, on-site inspections of such offices as currently required under the rule. 

The proposed rule text is available in Attachment A.

Questions concerning this Notice should be directed to:

  • Philip Shaikun, Vice President and Associate General Counsel, Office of General Counsel (OGC), at (202) 728-8451; or
  • Sarah Kwak, Counsel, OGC, at (202) 728-8471.
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
11/21/2017Whitehall-Parker Securities, Inc.PDF - 57.06 KB
12/7/2017Gregory WilsonPDF - 57.82 KB
1/4/2018Capitol Securities Management, Inc.PDF - 82.1 KB
1/9/2018Quasar Distributors, LLCPDF - 42.48 KB
1/10/2018Tessera Capital Partners, LLCPDF - 178.49 KB
1/11/2018PIABAPDF - 144.68 KB
1/11/2018Great-West FinancialPDF - 139.27 KB
1/11/2018Stephen A. Kohn & Associates, LTD.PDF - 190.57 KB
1/11/2018Investment Company InstitutePDF - 99.9 KB
1/11/2018American Century InvestmentsPDF - 156.53 KB
1/11/2018Cornell University Law SchoolPDF - 113.27 KB
1/12/2018SIFMAPDF - 508.03 KB
1/12/2018ForesidePDF - 160.49 KB
1/12/2018NSCPPDF - 168.21 KB
1/12/2018Financial Services InstitutePDF - 179.31 KB
1/12/2018Manning & Napier Investor Services, Inc.PDF - 1.16 MB
1/12/2018Commonwealth Financial NetworkPDF - 57.22 KB
1/12/2018Wells Fargo AdvisorsPDF - 79.29 KB
1/12/2018Lara, May & Associates LLCPDF - 92.74 KB
1/12/2018Fidelity InvestmentsPDF - 78.11 KB
1/12/2018CUSO Financial Services, LP and Sorrento PacificPDF - 144.17 KB
1/12/2018MassMutualPDF - 90.65 KB
1/12/2018Eversheds Sutherland (US) LLPPDF - 74.05 KB
1/12/2018Cetera Financial GroupPDF - 575.7 KB
1/12/2018Folio Investments, Inc.PDF - 323.46 KB