The purpose of this paper is to provide excerpts of selected Financial Industry Regulatory Authority (FINRA) Regulatory Notices issued from January to March 2008 and a sample of disciplinary actions during that period. In July 2007, FINRA Regulatory Notices replaced NASD Notices to Members.
The paper provides excerpts from Regulatory Notice 08‐04, Delta Hedging Exception; 08‐08, Auction Rate Securities; 08‐09 Portfolio Margin Accounts; 08‐10, Options Position and Exercise Limits; 08‐12, Principal Approval of Sales Material; and 08‐13, Short Interest Reporting Requirements.
The paper reveals current regulatory trends.
The paper provides direct excerpts designed to provide a useful digest for the reader and an indication of regulatory trends.
Davis, H.A. (2008), "Summary of selected FINRA Regulatory Notices and Disciplinary Actions: January‐March 2008", Journal of Investment Compliance, Vol. 9 No. 2, pp. 65-79. https://doi.org/10.1108/15285810810886225
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