On July 26, 2019, the Financial Industry Regulatory Authority, Inc. (“FINRA”) with the SEC issued proposed rules to amend FINRA Rule 5130, Restrictions on the Purchase and Sale of Initial Equity Public Offerings, and FINRA Rule 5131, New Issue Allocations and Distributions. The proposals would, among other things, exempt additional persons and certain types of offerings from the scope of the rules. Continue reading >