On September 4th, the SEC approved FINRA's proposed adoption of existing NASD IM-2110-3 as new FINRA Rule 5270 (Front Running of Block Transactions) in the consolidated FINRA rulebook. As adopted, FINRA Rule 5270 is broader than the earlier NASD interpretive material and provides further clarity into activities that FINRA believes are inconsistent with just and equitable principles of trade. SEC Release No. 34-67774.