Amendment of FINRA Rule 8312 to Expand Categories of Civil Judicial Disclosures Permanently Included in BrokerCheck (Fed. Reg.)

The SEC's approval of amendments to FINRA Rule 8312 ("FINRA BrokerCheck Disclosure") has been published in the Federal Register.The amendments permanently make publicly available in BrokerCheck information about former associated persons of a member firm who has been the subject of an investment-related civil action brought by a state or foreign financial regulatory authority that has been dismissed pursuant to a settlement agreement.

See: 79 FR 417. See generally: Lofchie's Guide to Broker-Dealer Regulation; Employees Chapter (accessible to Cabinet subscribers only). Related news: SEC Approves Amendments to FINRA Rule Regarding BrokerCheck Disclosure (December 30, 2013); SEC Solicits Comments on Two Proposed Amendments to FINRA Rule 8312 (November 15, 2013).