X

FINRA Requests Comment on Proposed Amendments to FINRA Rule 5110 Regarding Deferred Compensation Arrangements in Public Offerings (FINRA Regulatory Notice)

FINRA Reg. Notice 12-27

FINRA is requesting comment on proposed amendments to FINRA Rule 5110 (Corporate Financing Rule) that (i) address current deferred compensation arrangements for financial advisory services in connection with public offerings, (ii) eliminate an anomalous filing requirement for exchange traded funds structured as statutory or grantor trusts, and (iii) make certain ministerial amendments to, among other things, reflect electronic filing requirements.

Comments Due: July 23, 2012

Cross References: FINRA Rule 5110; NASD Rule 2830; NASD NTMs 97-82.

For more information about this document, you may contact one of the following Cadwalader attorneys: Steven D. Lofchie; Glen P. Barrentine.

Tags

Regulated Activities
Public Offerings Employee Matters Distribution Procedures
Sub-Activity
Corporate Financing Rules, Employee Compensation
Regulated Entities
Broker-Dealers
Body of Law
Securities Law
Jurisdiction
US - Federal
Organization
FINRA / MSRB / SEC Exchanges / SIPC / Accountants
Sub-Author
FINRA