Requests for Comments
FINRA provides various methods to submit comments in response to its requests for comments via the Regulatory Notice (formerly "Notices to Members") process.
Regulatory Notices Out for Comments
Comments will be posted online for all Regulatory Notices that seek comment on a proposal. Posting comments online will make it easier for the public to access and review submissions, and will improve the efficiency with which FINRA maintains, reviews and makes available the comments it receives. Generally, comments will be posted on the FINRA website as they are received.
Note: FINRA will post comments as submitted by the author(s). Therefore, parties should submit in their comments only information that they wish to make available publicly. The following notice will appear on FINRA's website where electronic comments are posted: 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.
Other Requests for Comment
|June 10, 2020||Artificial Intelligence (AI) in the Securities Industry||FINRA encourages comments on this paper, including areas where guidance or modifications to FINRA rules may be desired to support adoption of AI applications while maintaining investor protection and market integrity. Comments are requested by August 31, 2020.|
|May 21, 2020||FINRA Requests Views and Information on Activity Related to Security-Based Swaps||FINRA invites member firms that participate, or plan to participate, in the security-based swap (SBS) market to provide views and information with regard to broker-dealer SBS activities, including the application of FINRA rules to those activities. Any other interested party is also invited to submit views and information.
View more details, including how to make a submission in response to this request. Comments are requested by July 31, 2020.
Instructions for Submitting Comments
FINRA encourages member firms and other interested parties to comment on all aspects of proposed rules or areas of regulatory interest for which comments are being sought. Firms and interested parties may submit their comments via one of the following methods:
- Email written comments: PDF is the preferred format for comments submitted as email attachments. Microsoft Word is also accepted.
- Mail written comments to:
Marcia E. Asquith
Executive Vice President, Board and External Relations
1735 K Street, NW
Washington DC 20006-1500;
FINRA posts all comments it receives on a proposal or report on the FINRA website for the public to access and review submissions. Generally, FINRA posts comments on the FINRA website as they are received. Note: FINRA posts comments as submitted by the author(s). Therefore, parties should submit in their comments only information that they wish to make available publicly. The following notice will appear on FINRA's website where electronic comments are posted: 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.
Why We Want Your Comments
As a self-regulatory organization with an investor protection mission, FINRA draws on the expertise and knowledge of the industry and other interested parties, including investors, to better understand how markets are currently functioning and how they are evolving. This information helps FINRA implement more effective regulatory programs that promote both investor protection and vibrant capital markets.
To that end, FINRA seeks comment on emerging issues facing the industry, regulatory initiatives, rulemaking proposals and other areas of regulatory interest.
In the area of rulemaking, FINRA is required to file with the SEC proposed rules that govern the conduct of FINRA member firms. Prior to filing a proposed rule with the SEC, FINRA generally solicits comments on the proposal from members, investors, and the general public through a Regulatory Notice, which is posted on FINRA's website.
The Notice describes the rule proposal or area of regulatory interest and indicates when and how comments may be submitted. Comments received during the comment period are fully considered before any further action is taken by FINRA.
Following receipt of a proposed rule filing, the SEC publishes the rule in the Federal Register so that the public may consider it. In general, interested persons have at least 21 days from the date of publication to register their comments. After comments are received, the SEC may approve or disapprove the rule, or FINRA may decide to change it.