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SR-FINRA-2015-056

Proposed Rule Change to Adopt FINRA Rule 2030 and FINRA Rule 4580 to Establish “Pay-To-Play” and Related Rules

Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adopt 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 that would regulate the activities of member firms that engage in distribution or solicitation activities for compensation with government entities on behalf of investment advisers.

Title Format - Size Status
Text of the Proposed Rule Change PDF - 5.69 MB
Federal Register Notice PDF - 260.83 KB
Extension No. 1 PDF - 203.97 KB
Response to Comments PDF - 193.04 KB
Order Instituting Proceedings to Determine Whether to Approve or Disapprove PDF - 235.88 KB
Extension No. 2 PDF - 68.15 KB
Second Response to Comments PDF - 171.97 KB
Approval Order PDF - 295.33 KB