FINRA Seeks Rule Change That Would Increase the Release of Regulatory Complaints

On March 19, 2013, FINRA filed with the SEC a proposed rule change amending FINRA Rule 8313 (Release of Disciplinary Complaints, Decisions and Other Information) that seeks to make more information about disciplinary proceedings available to the public. FINRA specifically is seeking to make pending regulatory complaints “much” more visible to the public. FINRA disciplinary…