FINRA Regulatory Notice Regarding Complex Products

FINRA has released a new regulatory notice “reminding members of their sales practice obligations for complex products and options and to solicit comments on effective practices and rule enhancements.”

Many ETF shareholders are wary of this new notice, stating that it is vague and has the potential to prevent innovation and investor recommendations. However, FINRA has stated that the notice will help these investors.

Christopher Warren, Managing Partner at Warren Law Group states, “FINRA is concerned with the sale of options, leveraged or complex ETFs, and the inevitability of crypto-related funds and ETFs. This regulatory notice is a warning shot to industry insiders that their compliance and regulatory obligations are getting even more onerous.”

If you have questions regarding your regulatory obligations or are under investigation by FINRA, SEC, DOJ, or a state regulatory body, contact the attorneys at Warren Law Group at (866) 954-7687 or email to schedule your consultation.

Christopher D. Warren

Christopher D. Warren, Managing Partner