The SEC solicited comments on a FINRA proposal to amend FINRA Rule 2210 ("Communications with the Public") in order to expressly address its application to debt research reports in light of SEC approval of new FINRA Rule 2242 ("Debt Research Analysts and Debt Research Reports") concerning debt research and conflicts of interest. The proposed changes are generally intended to treat debt research reports and communications in a manner consistent with the treatment of equity research reports. The FINRA proposal and request for comments were published in the Federal Register.
The implementation date for the proposed rule change will be July 16, 2016, which coincides with the effective date of FINRA Rule 2242. Comments on the proposal must be submitted by August 3, 2016.
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