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FINRA Amends Rule 2165 to Further Protect Seniors and Vulnerable Investors from Financial Exploitation

On February 15, 2022, FINRA announced the adoption of certain amendments to FINRA Rule 2165, a rule aimed at preventing financial exploitation of seniors and specified adults. The amendments now allow member firms to place a...more

Ask FINRA: A Panel of Senior FINRA Officials Answer Pressing Industry Questions

On July 21, 2021, SIFMA hosted a panel titled Ask FINRA: A Panel of Senior FINRA Officials Respond to Your Questions. The panel covered the following important topics: (1) key issues of oversight for market regulation and...more

SIFMA C&L Virtual Forum Addresses FINRA’s 2021 Priorities for Private Client Firms

On July 20, 2021, SIFMA hosted a panel discussing key legal and regulatory issues for private client firms at SIFMA’s 2021 C&L Virtual Forum. Several key subjects were discussed by the panel, including: (1) FINRA’s 2021...more

Connecticut Governor Signs Bill Legalizing Cannabis Use for Adults

After two failed attempts, Governor Ned Lamont signed into law Senate Bill 1201 legalizing the use of cannabis in Connecticut for adults over the age of 21. This law institutes a comprehensive regulatory scheme to control the...more

Key Takeaways from ABA Panel on FINRA’s 2021 Exam Findings and Regulatory Priorities

On February 17, 2021 the SRO and States Subcommittee of the ABA Securities Litigation Committee hosted a panel of senior representatives from FINRA and in-house legal/compliance departments to discuss FINRA’s 2021 Report on...more

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