‹ Back to Listing

Practice Areas

FINRA Extends Implementation Date for Debt Research Rule to July 16, 2016

Download
Share
April 22, 2016

Client Alert
The Financial Industry Regulatory Authority, Inc. (“FINRA”) delayed the implementation of FINRA Rule 2242 (Debt Research Analysts and Debt Research Reports) until July 16, 2016. FINRA Rule 2242 addresses conflicts of interest relating to the publication and distribution of debt research reports. The rule was originally scheduled to become effective on February 22, 2016 and the effective date had previously been delayed to April 22, 2016 in response to industry questions regarding implementation of the rule’s requirements. FINRA stated that it continues to receive questions regarding implementation of the rule’s requirements and believes it appropriate to extend the implementation date again. The proposal to delay implementation did not make any other changes to FINRA Rule 2242 or any other FINRA rule. For more information on FINRA Rule 2242 please see our Client Alerts available here and here.

View Relevant Document(s):