Federal Register #SR-FINRA-2026-013

SEC Notice: FINRA Proposed Rule Change to Exempt Certain Accounts from Rule 3210

This opportunity involves a notice from the Securities and Exchange Commission (SEC) regarding a proposed rule change by the Financial Industry Regulatory Authority, Inc. (FINRA): - The SEC is publishing a FINRA proposal to amend FINRA Rule 3210 - The amendment would exempt accounts established under Section 530A of the Internal Revenue Code from Rule 3210 requirements - These accounts are considered passive investment vehicles with limited discretion for account owners - The proposed change aims to reduce supervisory burdens and align with statutory provisions - The notice is informational and requests public comments - No procurement of products or services is involved - No OEMs, vendors, or contract values are mentioned

Description

The Securities and Exchange Commission (SEC) has published a notice regarding a proposed rule change by the Financial Industry Regulatory Authority, Inc. (FINRA). The rule change proposes to exempt accounts pursuant to Section 530A of the Internal Revenue Code from the requirements of FINRA Rule 3210, which governs accounts at other broker-dealers and financial institutions. This amendment aims to align the rule with statutory provisions and reduce supervisory burdens for certain accounts. The notice invites comments on the proposed rule change and provides details on how to submit them.

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