Political Contributions by Certain Investment Advisers: Ban on Third-Party Solicitation; Order With Respect to FINRA Rule 2030
SEC · other · Published 2016-09-28 · 81 FR 66526
Document
Document number
2016-23225
Federal Register citation
81 FR 66526
CFR reference
17 CFR 275
Type
Rule
Action
Order.
Category
other
Agency
US Securities and Exchange Commission
Publication date
2016-09-28
Docket
Release No. IA-4532
Abstract
The Securities and Exchange Commission ("Commission" or "SEC") is issuing an order finding that Financial Industry Regulatory Authority ("FINRA") rule 2030 (the "FINRA Pay to Play Rule") imposes substantially equivalent or more stringent restrictions on broker-dealers than rule 206(4)-5 (the "SEC Pay to Play Rule) under the Investment Advisers Act of 1940 (the "Advisers Act") imposes on investment advisers and is consistent with the objectives of the SEC Pay to Play Rule.