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Proposed Rule Change to Amend Rule 2165 (Financial Exploitation of Specified Adults)

Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend Rule 2165 (Financial Exploitation of Specified Adults) to permit member firms to: (1) extend a temporary hold on a disbursement of funds or securities or a transaction in securities for an additional 30-business days if the member firm has reported the matter to a state regulator or agency or a court of competent jurisdiction; and (2) place a temporary hold on a securities transactions where there is a reasonable belief of financial exploitation. 

Title Format - Size Status
Text of the Proposed Rule Change PDF - 4.18 MB
Federal Register Notice PDF - 972.6 KB
Extension No. 1 PDF - 228.71 KB
Response to Comments PDF - 143.67 KB
Order Instituting Proceedings To Determine Whether To Approve or Disapprove PDF - 344.37 KB
Second Response to Comments PDF - 112.8 KB
Extension No. 2 PDF - 2.03 MB
Third Response to Comments PDF - 95.53 KB
Approval Order PDF - 514.11 KB