Rules and Regulation Update: SEC Approves Newest FINRA Proposal

Posted on July 27th, 2016 at 8:54 AM
Rules and Regulation Update: SEC Approves Newest FINRA Proposal

From the Desk of Jim Eccleston at Eccleston Law LLC:

The SEC has approved FINRA’s proposal to adopt the new Rule 3210. The function of this rule will be to consolidate the previous rule that governs accounts opened or established by associated persons at firms other than the firm at which the associated person is employed. The intention is for Rule 3210 to help enable effective oversight of that type of account. The proposal was accepted on June 30th, and the new rule will take effect on April 3rd, 2017. 

The attorneys of Eccleston Law LLC represent investors and advisers nationwide in securities and employment matters. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.

Related Attorneys: James J. Eccleston

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