Regulatory Notice 12-42

FINRA Requests Comment on a Revised Proposal to Identify and Manage Conflicts Involving the Preparation and Distribution of Debt Research Reports

 

Comment Period Expired: December 20, 2012

Executive Summary

FINRA seeks comment on a revised proposal addressing debt research conflicts of interest that includes amended exemptions for research distributed to certain institutional investors and for firms with limited principal debt trading activity. The revised proposal also includes other changes in response to comments on the prior proposal set forth in Regulatory Notice 12-09.

 

The text of the proposed rule can be found at www.finra.org/notices/12-42.

 

Questions concerning this Notice should be directed to:

  • Philip Shaikun, Associate Vice President, Office of General Counsel (OGC), at (202) 728-8451; and
  • Racquel Russell, Assistant General Counsel, OGC, at (202) 728-8363.

 

Due to the disruption of normal business operations relating to Hurricane Sandy, FINRA is extending the deadline to provide comment to December 20, 2012. Original deadline: December 10, 2012.

View Full Notice PDF 158 KB


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.


Comments By Date Received
CFA Institute (PDF 138 KB) 12/7/2012
The Alliance in Support of Independent Research (PDF 327 KB) 12/20/2012
Bond Dealers of America (PDF 318 KB) 12/21/2012
BMO Capital Markets (PDF 842 KB) 12/21/2012
SIFMA (PDF 887 KB) 1/4/2013