FINRA security classification approved. FINRA proposed to classify depositary shares, when not listed on an equity facility of a national securities exchange, as OTC Equity Securities under FINRA Rule 6420(f). (4/10/2014). SEC Release 34-71927.
FINRA proposes fee schedule change. FINRA has proposed a rule change to adopt FINRA Rule 4553 (Fees for ATS Data) to establish a fee for professional access to the data in order to recover the costs associated with collecting, formatting, and disseminating the data. (4/9/2014) SEC Release 34-71919.
FINRA requests comments on rules. FINRA is asking for comments on several communications about public rules to assess their effectiveness and efficiency. (4/8/2014) FINRA Regulatory Notice 14-14. FINRA is also conducting a retrospective review of the gifts and gratuities and non-cash compensation rules to assess their effectiveness and efficiency. (4/8/2014) FINRA Regulatory Notice 14-15.