In our June 6, 2016, client alert,5 we discussed FINRA’s recently proposed amendments to its communications rules, including:
- FINRA Rule 2210 (Communications with the Public);
- FINRA Rule 2214 (Requirements for the Use of Investment Analysis Tools); and
- the content and disclosure requirements in FINRA Rule 2213 (Requirements for the Use of Bond Mutual Fund Volatility Ratings).
In a submission to the SEC dated July 19, 2016,6 FINRA extended the period for SEC action on the proposal to September 13, 2016, thereby providing the SEC with additional time to consider the proposals. However, the terms of the proposed amendments remain the same.