Proposed Rule Change Relating to FINRA Rule 4530 (Reporting Requirements as to Bad Events)

FINRA has filed with the SEC a proposed rule change to amend FINRA Rule 4530 (Reporting Requirements [as to bad events concerning members and their associated persons]). The rule change would:

(1) provide an exception from the rule for information disclosed on the Form U4 (Uniform Application for Securities Industry Registration or Transfer); (2) enable members to file required documents with FINRA online; and (3) provide an exception from the rule for findings and actions by FINRA.

View text of the proposed rule change (links externally to FINRA website).See also FINRA Rule 4530.