FINRA-Proposed Rule Relating to Serving Electronically Written Decisions on Members Seeking Relief under NASD Rule 1070 (Fed. Reg.)

The FINRA proposal to amend FINRA Rule 9620 to permit FINRA staff to electronically serve written decisions on members seeking exemptive relief from qualification examination requirements under NASD Rule 1070 was published in the Federal Register, effective immediately.

The rule change was deemed noncontroversial by the SEC and is therefore immediately effective, but comments can still be submitted by August 13, 2014.

See: 79 FR 42850. Related news: FINRA Proposes Rule Relating to Electronically Written Decisions on Members Seeking Exemptive Relief under NASD Rule 1070 (July 9, 2014).