SEC Publishes Extension of Review Period for FINRA-Proposed Rule Regarding the Classification and Reporting of Certain Securities (Fed. Reg.)

The SEC published in the Federal Register the designation of a longer period in which to take action regarding a proposed FINRA rule amendment that would adopt an interpretation to clarify the classification and reporting of certain securities. The SEC will issue a decision regarding the proposed rule by May 28, 2014.

See: 79 FR 18591.See also: SEC Extends Review Period for FINRA-Proposed Rule Change to Clarify the Classification and Reporting of Certain Securities to FINRA (March 28, 2014).