FINRA: Proposed Rule Change Relating to the Approval of Communications

FINRA filed with the SEC a proposed rule change to amend NASD Rule 1022(g) ("Limited Principal-General Securities Sales Supervisor") and NASD IM-1022-2 ("Limited Principal-General Securities Sales Supervisor"). The rule amendments would remove the restriction that prevents General Securities Sales Supervisors from approving advertisements as defined in NASD Rule 2210 ("Communications with the Public").

See: Text of Proposed Rule Change (links externally to FINRA website).