FINRA Proposes Adoption of Commissions and Mark-Ups Rule

FINRA filed with the SEC a proposed rule change to adopt current NASD Rule 2440 and Interpretive Material ("IM") 2440-1 and IM-2440-2 as FINRA Rule 2121 ("Fair Prices and Commissions") and Supplementary Material .01 and .02 (relating to mark-ups), without making any substantive changes to the rules.FINRA also proposed to update references and cross-references within the Supplementary Material and other FINRA rules accordingly.

See: Text of Proposed Rule Change.