FINRA has requested comments on a proposed rule to simplify and ease members’ duties related to outside activities of associated persons. The rule would merge existing Rules 3270 and 3280, and cover fewer outside activities and transactions. However, the proposed rule keeps the status quo for outside investment adviser (“IA”) activity at an unaffiliated
On February 13, 2025, Rep. Andrew Clyde (R-Ga.) introduced a resolution in the U.S. House of Representatives aimed at repealing a recent regulation from the U.S. Securities and Exchange Commission (SEC). This rule mandates that mutual funds disclose portfolio details on a monthly basis, instead of the previous quarterly disclosures, marking a significant shift in