Regulatory Notice 16-40
SEC Approves FINRA ‘‘Pay-To-Play’’ and Related Rules
The Securities and Exchange Commission (SEC) approved FINRA Rules 2030 (Engaging in Distribution and Solicitation Activities with Government Entities) and 4580 (Books and Records Requirements for Government Distribution and Solicitation Activities) to establish “pay-to-play” and related rules regulating the activities of member firms that engage in distribution or solicitation activities for compensation with government entities on behalf of investment advisers.
The rules become effective August 20, 2017.
The text of the rules is set forth in Attachment A.
Questions concerning this Notice should be directed to: Victoria Crane, Associate General Counsel, Office of General Counsel, at (202) 728-8104.
|Date||Title||Format - Size|
|10/24/2016||Attachment A||PDF - 73.5 KB|