Guidance

FINRA Reminds Alternative Trading Systems of Their Reporting Obligations

FINRA Reminds Firms of Their Obligations With Variable Life Settlement Activities

Guidance on the Net Capital and Reserve Formula Treatment of Senior Unsecured Debt Securities Issued Under the Debt Guarantee Program Component of the FDIC's Temporary Liquidity Guarantee Program; Effective Date: July 15, 2009

FINRA Recommends Review of Municipal Securities Activities

FINRA Reminds Firms of Sales Practice Obligations Relating to Leveraged and Inverse Exchange-Traded Funds

Exemptive relief is granted based on: the representation that at the time of the contribution the individual was not an MFP (as defined); the firm already has a significant business relationship with the governmental entities of which the contribution recipients were considered to be issuer officials; the firm has instituted information barriers on certain municipal business communications; the individual involved will be prohibited from the solicitation of certain new municipal business for a period of time.

FINRA is reviewing the sale of structured products to investors. In connection with this review, we request the following information for the period of January 1, 2007 to May 31, 2009 (“the review period”).

FINRA is reviewing transactions with retail customers of certain fixed income products known as “Gas Bonds.”

FINRA is reviewing retail municipal securities transactions. In connection with this review, we request your firm to produce the following information relevant to retail customer municipal transactions by your firm for the period from January 1, 2009 through March 31, 2009.

FINRA Reminds Firms of Their Obligation to Provide Accurate Information in Disseminating, or Using Services to Disseminate, Indications of Interest

Securities Industry/Regulatory Council on Continuing Education Issues Firm Element Advisory Update

Exemptive relief is granted based on: the representation that the acquiring firm did not engage in the soliciation of business and the individual was not, at the time, considered to be an MFP as defined; the acquiring firm did not have knowledge of the contribution and the contribution has been returned; the municipal securities business relationships of the acquired firm were long standing and existed prior to the contribution; the firm has instituted extensive information barriers on certain municipal business communications; the individual involved will be prohibited from the solicitation of new municipal securtiies business for a period of time.

EBS Submissions Following Implementation of the Option Symbology Initiative

FINRA Provides Guidance on its Enforcement Process

Reporting Requirements for Settlements of Customer Disputes Involving Auction Rate Securities

FINRA is issuing this Notice to address certain requirements that apply to the per-share customer account statement values and dividend distributions of REITs and DPPs (collectively, "real estate investment programs") that are sold through broker-dealers, invest in real estate and do not trade on a national securities exchange.

FINRA Reminds Firms of Their Obligations to Determine Whether Securities are Eligible for Public Sale

FINRA Provides Guidance on Estimated Annual Income and Estimated Yield

Technology Changes for Reporting Clearing Methods and Arrangements

Guaranteed Senior Unsecured Debt Is a TRACE-Eligible Security

FINRA Provides Guidance Concerning the Types of Securities Transactions Subject to the Regulatory Transaction Fee

FINRA Provides Guidance Regarding Credit for Extraordinary Cooperation

Alert to Member Firms About the Federal Trade Commission’s FACT Act Regulations and the Announcement of the FTC’s Decision to Delay Enforcement of the Red Flags Rule until May 1, 2009

FINRA Announces Electronic Filing Process For Qualification Examination Waiver Requests and Series 16 Experience Acceptability Requests

FINRA Grants Additional, Temporary Relief from the Net Capital, Reserve Formula, Non-purpose Loan, and Maintenance Margin Requirements Applicable to Credit Extended on Auction Rate Securities to Broker-Dealers That Agree to Buy Back Auction Rate Securities; Effective Date: November 4, 2008