*Letters

Proposed Amendments to the Suitability & Know Your Customer Rules

Published on:
June 29, 2009

SIFMA provides comments to the Financial Industry Regulatory Authority (FINRA) on proposed amendments to the Suitability and Know Your Customer Rules, FINRA Regulatory Notice 09-25. FINRA proposes to adopt new modified rules and related Supplementary Material governing suitability and know-your-customer obligations in the Consolidated FINRA Rulebook. SIFMA commends FINRA for its efforts to streamline and enhance rules within the single rulebook that support these two obligations. SIFMA believes, however, that certain provisions of the rule require reconsideration.

Details

Download

More Content

  • Amicus Briefs
    Oct 05, 2026

    In re The Boeing Company Securities Litigation

  • Letters
    Oct 05, 2026

    Reducing Duplicative Regulation and Expanding Exemptions for Commodity Pool Operators and Commodity Trading Advisors

    SIFMA AMG comments on CFTC proposals to reduce duplicative regulation for certain CPOs and CTAs and account for inflation.
  • Letters
    Sep 30, 2026

    Proposed Rule Change to Amend FINRA Rules 0150, 2165, 4512 and to Adopt FINRA Rule 2166

    SIFMA Comments to SEC in support of the proposed rule changes to improve the utilization of Rules 2165 and 4512, as well as the new Rule 2166 to allow for a temporary delay for suspected fraud.

Get the latest trends, stats, and research on financial markets and securities.