FINRA Pay-to-Play Rules Become Effective

FINRA "pay-to-play" Rules 2030 (Engaging in Distribution and Solicitation Activities with Government Entities) and 4580 (Books and Records Requirements for Government Distribution and Solicitation Activities) were established to regulate the activities of member firms that engage in distribution or solicitation activities for compensation with government entities on behalf of investment advisers.  These rules become effective August … Continue reading FINRA Pay-to-Play Rules Become Effective

SEC Approves New FINRA Pay-to-Play Rules

The Securities and Exchange Commission (SEC) approved FINRA Rule 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 of the Financial Industry Regulatory Authority (FINRA) that engage in distribution or solicitation … Continue reading SEC Approves New FINRA Pay-to-Play Rules

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