The Financial Industry Regulatory Authority (FINRA) is seeking comment on proposed new rules that would make it easier for FINRA-regulated investment professionals to clear their names in response to unfounded or inaccurate allegations. Under the proposed rulemaking, persons who are the “subject of” allegations of sales practice violations made in arbitration claims, but who are not named as parties to the arbitration (unnamed persons), would be able to seek expungement relief by initiating In re expungement proceedings at the conclusion of the underlying case.