SEC Approves Streamlined Outside Activities Rule

• Arbitration Rules: The SEC has requested comment on proposed amendments to our Codes of Arbitration Procedure, which would provide parties with greater input into replacing arbitrators. Comments are due to the SEC by Sept. 18.
   
• Best Execution: FINRA published Regulatory Notice 26-15 on July 24 to request comment on how we can modernize our best execution guidance to facilitate investor protection and market integrity under the existing principles-based standard. Comments are due by Sept. 25.
   
• Alternative Investments: FINRA filed a proposed rule change with the SEC to amend Rule 4522 (Periodic Security Counts, Verifications and Comparisons) to simplify position statement and reconciliation requirements for certain alternative investments. Comments are due to the SEC by Sept. 30.
   
• Enhanced Tools to Protect Investors: FINRA filed proposed rule changes with the SEC to empower firms to intervene quickly to address suspected fraud and financial exploitation while maintaining appropriate safeguards and respecting customer autonomy. Comments are due to the SEC by Sept. 30.
   
• TRF Operating Hours: FINRA’s Trade Reporting Facilities (TRFs) will extend their operating hours. Starting Dec. 6, they will operate from 9 p.m. ET on Sundays through 8 p.m. ET on Fridays, with a one-hour technical pause 8-9 p.m. ET, Mondays through Thursdays, excluding holidays.

Disciplinary Actions

FINOP Focus Webinar Series: FINOP Issues—Enforcement Perspectives | Sept. 17 | Virtual Event

Decision Simulation: Responding to Vendor Compromise | Sept. 22 | Virtual Event

Midwest Region Member Forum | Sept. 22 | In-Person Event | St. Louis, MO

FBI Cyber & Financial Crime Threat Briefing Series: Northeast Region | Sept. 24 | Virtual Event

Advertising Regulation Conference | Oct. 15-16 | Hybrid Event | Washington, DC

Small Firm Conference | Oct. 27-28 | In-Person Event | Chicago, IL   

FINRA Virtual Registration Systems Foundation | Nov. 4-5 | Virtual Event

FINRA Certified Regulatory and Compliance Professional (CRCP)® Program Week II | Nov. 15-20 | In-Person Event | Washington, DC

Annual Conference | May 11-13, 2027 | Hybrid Event | Washington, DC

Crypto Applied Learning Program | June 8-10, 2027 | In-Person Event | Washington, DC

Crypto and Blockchain Education Program Foundational E-Learning Courses | Self-Paced

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