• FINRA's New Know Your Customer and Suitability Rules
  • July 12, 2012
  • Law Firm: Greenberg Traurig, LLP - West Palm Beach Office
  • FINRA On July 9, 2012, Financial Industry Regulatory Authority (“FINRA”) Rule 2090 replaced New York Stock Exchange (“NYSE”) Rule 405 as the new Know Your Customer (“KYC”) Rule; and Rule 2111 supplanted National Association of Securities Dealers (“NASD”) Rule 2310 as the new suitability rule.