FINRA Dispute Resolution, Inc. Merges with FINRA Regulation, Inc. (Reg. Notice 16-04)

FINRA made "necessary conforming amendments" in order to merge its dispute resolution subsidiary, FINRA Dispute Resolution, Inc. with its regulatory subsidiary, FINRA Regulation, Inc.

Specifically, FINRA made the following changes: (i) amended its Plan of Allocation and Delegation by NASD to Subsidiaries; (ii) amended the FINRA Regulation By-Laws to incorporate substantive and unique provisions from the FINRA Dispute By-Laws; (iii) deleted the FINRA Dispute Resolution By-Laws in their entirety; (iv) made conforming amendments to FINRA rules; and (v) increased the total number of directors who may serve on the FINRA Regulation Board from 15 to 17.