Finra provides more granular interpretation of suitability rule

finra-new-york-2009
Finra gets down to specifics

The US Financial Industry Regulatory Authority (Finra) has responded to requests for more guidance on investor suitability, updating the advice it published in 2010. Laying down its final statement of intent, Finra's May 2012 Regulatory Notice provides a more granular interpretation of the approved rules, though the regulator falls short of specifying exactly what institutions need to do to abide by it, according to industry participants.

"Finra is trying to be responsive to the industry

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here