Coronavirus has just about everyone working from home, including regulators. Examinations, interviews and requests for information are all taking place in cyberspace. The stock market has seen wild swings. It seems many conspiracy theories arise daily as to how the Coronavirus was able to spread so quickly. Alas, regulation marches on, but to the beat of a slightly different drummer. Not much to report from the regulators, except a reminder to wash your hands!
FINRA
FINRA has created a special webpage for broker/dealers and associated persons to provide details relevant to its member firms.
https://www.finra.org/rules-guidance/key-topics/covid-19
FINRA modified its Code of Arbitration
https://www.finra.org/rules-guidance/notices/20-11
FINRA’s Corporate Financing Rule Gets an update
https://www.finra.org/rules-guidance/notices/20-10
SEC
Small Business Capital Formation Advisory Committee to have a public meeting on Friday, May 8
https://www.sec.gov/rules/other/2020/33-10776.pdf
SEC Order: Certain Investment Advisers Participating in the Share Class Selection Disclosure Initiative
https://www.sec.gov/rules/other/2020/33-10774.pdf
MSRB
MSRB Amends Certain Rules to Provide Regulatory Relief During COVID-19 Pandemic
http://msrb.org/~/media/Files/Regulatory-Notices/Announcements/2020-09.ashx??n=1
