Regulatory Notice 08-20 - View Comments

FINRA Requests Comments on Proposed Changes to Forms U4 and U5

Comment Period Expired: May 27, 2008

FINRA requests comment on proposed changes to Forms U4 and U5. The proposed changes, which were developed by a working group composed of regulators and industry participants (the Working Group), are intended to benefit regulators, investors and the industry. Proposed revisions, among other things, would require firms to report, as customer complaints, allegations of sales practice violations made in arbitration claims and civil lawsuits against registered persons who are not named as parties in those proceedings. The proposals also include revisions to Forms U4 and U5 designed to ease, clarify or facilitate reporting requirements and other technical and/or conforming changes.

Questions concerning this Notice should be directed to Richard E. Pullano, Associate Vice President and Chief Counsel, Registration and Disclosure, at (240) 386-4821; or Stefanie M. Watkins, Senior Counsel, Registration and Disclosure, at (240) 386-4824.

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
4/24/2008Brecek & Young, Advisors Inc.PDF - 15.91 KB
4/24/2008Steiner & LiboPDF - 29.27 KB
4/24/2008Richard A. StephensPDF - 29.62 KB
4/29/2008Patricia NelsonPDF - 29.91 KB
4/28/2008Wall Street AccessPDF - 27.26 KB
5/8/2008Cornell UniversityPDF - 628.04 KB
5/7/2008Sadler & Hovdesven, P.C.PDF - 29.84 KB
5/7/2008Baruch College, CUNYPDF - 30.6 KB
5/5/2008Aidikoff, Uhl & BakhtiariPDF - 29.79 KB
5/2/2008Law Offices of David HarrisonPDF - 30.23 KB
5/2/2008Aidikoff, Uhl & BakhtiariPDF - 32.48 KB
5/15/2008Maddox Hargett & Caruso, P.C.PDF - 50.75 KB
5/20/2008Wachovia Securities, LLCPDF - 29.22 KB
5/15/2008RND Resources, Inc.PDF - 26.81 KB
5/21/2008St. John's University School of LawPDF - 20.59 KB
5/23/2008National Planning Holdings, Inc.PDF - 43.31 KB
5/22/2008NPB Financial Group, LLCPDF - 29.54 KB
5/23/2008Cyndi SteinbergerPDF - 28.98 KB
5/23/2008Public Investors Arbitration Bar AssociationPDF - 312.79 KB
5/23/2008MWA Financial Services, Inc.PDF - 17.89 KB
5/27/2008Nationwide Financial Services, Inc.PDF - 30.83 KB
5/27/2008Association of Registration Management, Inc.PDF - 84.96 KB
5/27/2008John Jay Legal Services, Inc.PDF - 38.61 KB
5/27/2008NASAA, Inc.PDF - 30.54 KB
5/27/2008SIFMAPDF - 67.56 KB
5/27/2008FSIPDF - 61.97 KB
5/27/2008Wachovia Securities, LLCPDF - 60.63 KB
5/27/2008Cambridge Investment Research, Inc.PDF - 111.71 KB
5/27/2008MassMutual Financial GroupPDF - 98.38 KB
5/30/2008Brown & Brown Securites, Inc.PDF - 36.36 KB
5/30/2008Cantella & Co. Inc.PDF - 31.79 KB
5/9/2008FMSbonds, Inc.PDF - 29.24 KB
5/12/2008Penson Worldwide, Inc.PDF - 36.17 KB
7/2/2008ProEquities, Inc.PDF - 176.87 KB
7/16/2008Woodforest Financial Services, Inc.PDF - 49.75 KB
7/14/2008Woodforest Financial Services, Inc.PDF - 12.57 KB