'No Documents For You?'

Law360, New York (June 24, 2013, 6:10 PM EDT) -- Previously, if the Financial Industry Regulatory Authority requested documents or information unrelated to the securities business under Rule 8210, broker-dealers or registered representatives may have responded by stating, like the soup stand owner on the TV show, Seinfeld, “No documents for you!” While the ramifications of FINRA’s recent amendments to Rule 8210 have not been fully explored yet, that response may no longer be appropriate. FINRA, broker-dealers, registered representatives and associated persons have been grappling with FINRA’s newly expanded authority.

In May 2013, FINRA published frequently...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.