On April 12, 2017, FINRA released three regulatory notices for comment that propose amendments to various FINRA rules affecting capital formation. In connection with its release of the notices, FINRA President and CEO Robert Cook noted FINRA\u2019s continuing commitment to assessing its regulations and their role in facilitating capital formation. This initiative is part of the comprehensive self-evaluation and improvement initiative that FINRA announced several months ago called the FINRA 360 initiative. The initiative, FINRA\u2019s recent request for comment on its engagement efforts, and these regulatory notices certainly reflect a new tone. In all three notices, as discussed further below, FINRA specifically requests that commenters address the economic impacts of the rules, including costs and benefits, and the specific effects on the capital formation process.<\/p>\n
Read More Here<\/a><\/p>\n Additional contributors to this post:<\/p>\n Hillel T. Cohn<\/a>,\u00a0hcohn@mofo.com<\/a><\/p>\n Lloyd S. Harmetz<\/a>,\u00a0lharmetz@mofo.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" On April 12, 2017, FINRA released three regulatory notices for comment that propose amendments to various FINRA rules affecting capital formation. In connection with its release of the notices, FINRA President and CEO Robert Cook noted FINRA\u2019s continuing commitment to assessing its regulations and their role in facilitating capital formation. This initiative is part of … Continue reading A Trio of FINRA Notices Focused on Capital Formation Issues<\/span>