On February 18th, the SEC approved FINRA's proposed rule change to adopt NASD Rule 2370 (Borrowing From or Lending to Customers) as FINRA Rule 3240 in the Consolidated FINRA Rulebook. The rule change also deletes Incorporated NYSE Rules 352(e) (Limitations on Borrowing From or Lending to Customers), (f) (Loan Procedures) and (g). SEC Release No. 34-61537. The Commission also approved the adoption of FINRA Rule 2261 (Disclosure of Financial Condition) in the Consolidated FINRA Rulebook, SEC Release No. 34-61540, and the repeal of NASD Rule 2450 (Installment or Partial Sales), NASD Interpretive Material 2830-2 (IM-2830-2) (Maintaining the Public Offering Price) and Incorporated NYSE Rule 413 (Uniform Forms), SEC Release No. 34-61542.