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Client Alert

FINRA 2009: What Employers Should Know

September 10, 2009

Allan S. Bloom

Two years after its creation through the consolidation of the National Association of Securities Dealers and the member regulation, enforcement, and arbitration functions of the New York Stock Exchange, the Financial Industry Regulatory Authority (FINRA) is actively amending rules and issuing guidance that should be of great interest to in-house employment counsel and human resources professionals in the financial services industry. This alert will highlight some of the employment-related rule changes FINRA has implemented so far in 2009, as well as some approved rule changes that are awaiting implementation.

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