Matthew C. Applebaum

FINRA Proposes Clearing Firm Books and Records Requirements to Facilitate Orderly Transition In The Event Of Firm Liquidation
Matthew C. Applebaum,David C. Boch,W. Hardy Callcott,Roger P. Joseph,Edwin E. Smith,Neal E. Sullivan,Michael R. Weissmann, November 15, 2011
On Oct. 21, 2011, the Financial Industry Regulatory Authority (FINRA) proposed a new rule (Rule 4516) that would require carrying and clearing member firms to, among other things, maintain and keep current certain records in a specifically designated central location. The Proposed Rule is designed...

SEC Publishes FINRA Proposal for Complete Rewrite of Communications With the Public Rules
Matthew C. Applebaum,W. Hardy Callcott,Amy Natterson Kroll,Paul M. Tyrrell,Michael R. Weissmann, August 5, 2011
On July 28, 2011, the SEC published a proposed rule change from FINRA to adopt new rules governing communications with the public (the “Proposal” or “Rule Filing”). The Proposal would replace current NASD Rules 2210 and 2211, together with certain of the Interpretative...

SEC Proposes Amendments to Lost Securityholder Rule to Add Broker-Dealers and to Notify Customers of Non-Negotiated Checks
Matthew C. Applebaum,David C. Boch, March 29, 2011
On March 18, 2011, the Securities and Exchange Commission proposed a new rule (the “Proposed Rule”) extending to brokers and dealers the requirement — currently applicable only to transfer agents — to search for lost securityholders. The rule also adds a new requirement that...