On September 4th, the SEC provided notice of the Financial Industry Regulatory Authority's filing of a proposal that would amend FINRA Rule 5131(New Issue Allocations and Distributions) to provide a limited exception to allow members to rely on written representations from certain accounts to comply with Rule 5131(b), which prohibits spinning. Comments should be submitted on or before October 1, 2013. SEC Release No. 34-70312.