FINRA's Revised Rumor Rule
The new proposed Rule 2030 replaces a widely criticized earlier proposal, issued as Notice 08-68 on Nov. 18, 2008. The proposed rule is based on both FINRA Rule 6140(e) and NYSE Rule 435(5) and, if approved, will replace these rules, as well as related interpretive guidance.
Aside from minor wording changes, the body of the new proposed rule is essentially...
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