Tweaks Bring FINRA Rules Into New-Media Age

Law360, New York (September 16, 2009, 5:23 PM EDT) -- The U.S. Securities and Exchange Commission has given its blessing to several newly amended Financial Industry Regulatory Authority rules designed to disclose conflicts of interest and expand into the realm of new media a 60-year-old prohibition against payments made in connection with published information meant to influence market prices.

On Friday the SEC approved the incorporation of FINRA Rules 2262, 2269 and 5260 into the Consolidated FINRA Rulebook, which FINRA is currently preparing. The SEC approved Rule 5230 on Sept. 10.

The new rules are based...
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