SEC Request for Comments on FINRA Retail Communications Proposal Published (Fed. Reg.)

The SEC solicited comment on proposed FINRA amendments that would reduce a number of the regulatory burdens associated with retail communications approvals, reviews and recordkeeping. The request for comment was published in the Federal Register.

The amendments would (i) reduce the filing requirements that are set forth in FINRA Rules 2210 ("Communications with the Public Exchange") and 2214 ("Requirements for the Use of Investment Analysis Tools"), and (ii) change the investment volatility content and disclosure requirements in FINRA Rule 2213 ("Requirements for the Use of Bond Mutual Fund Volatility Ratings").

Comments on the proposed amendments must be submitted by July 6, 2016.