FINRA Proposes Adoption of Rule Regarding Sales or Offers of Sales of Securities to Military Members or Dependents (Fed. Reg.)

FINRA's proposal to adopt Rule 2272 to govern the sales or offers of sales of securities on the premises of any military installation to members of the U.S. Armed Forces or their dependents was published in the Federal Register.

According to FINRA, the adoption of Rule 2272 complies with the statutory requirements of the Military Act. Comments on the proposed rule are due no later than June 2, 2015.

See: 80 FR 27220. Related news: FINRA Proposes Rule Regarding Sales or Offers of Sales of Securities to Military Members or Dependents (May 7, 2015).