The Financial Industry Regulator Authority (FINRA) has announced a review of its rules and regulations. It aims to enhance the process for raising capital for businesses.
FINRA plans to improve the capital raising process by focusing on areas such as capital acquisition brokers, research reports and other areas that support capital formation. It will also consider how member firms are incorporating technology into their systems, as well as requirements for remote work, credentialing, means of communication and recordkeeping structures.
FINRA adjusts its framework largely based on the response from public comment. Through feedback from member firms by comments, email or mail, it considers public opinion in its analysis. Its upcoming deadline for public comment is May 19, 2025. Interested parties may submit online using FINRA’s comment form.
