On March 11th, FINRA requested comment on a concept proposal that would apply objectivity safeguards and disclosure requirements to the publication and distribution of debt research reports. The proposal has a tiered approach that generally would provide retail debt research recipients with most of the same protections provided to recipients of equity research, while exempting debt research provided solely to institutional investors from many of those provisions. Comments should be submitted on or before April 25, 2011. FINRA Regulatory Notice 11-11.