Regulatory Notice 25-04: FINRA Rulebook Modernization
SIFMA provided comments to FINRA in response to Regulatory Notice (RN) 25-04. We welcome this effort to modernize and update…
Summary
Court:
Alabama Supreme Court
Amicus Issue:
Whether there is a private cause of action for a violation of FINRA rules. Whether a statement in an account agreement wherein a customer acknowledges that every transaction in their account is subject to FINRA rules, and an alleged violation of those rules by the broker-dealer, create a breach of contract claim for the customer.
Counsel of Record:
Bass, Berry & Sims PLC
Chris G. Lazarini
Anna Grizzle
Other Amici:
None
More Submissions
Type:
Data Security Reforms for Federal Financial Regulators (Joint Trades)
SIFMA, The Bank Policy Institute (BPI), the American Bankers Association (ABA), and the Managed Funds Association (MFA) provided comments to…
Type:
Cboe Exchange v. SEC
Court: U.S. Court of Appeals (Seventh Circuit) Amicus Issue: Whether the SEC properly denied CBOE’s proposed rule to reclassify order…