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FINRA To Repropose Rule Addressing Participation Of Broker-Dealers In Private Placements
On April 16, 2011, at the American Bar Association Business Law Section’s Spring Meeting in Boston, representatives of the Financial Industry Regulatory Authority ("FINRA") announced that the Board of Governors had approved a reproposal of the recent proposal by FINRA to expand FINRA Rule 5122 to govern all private placements in which a member firm participates—not just those in which the member firm (or its control entity) is the issuer.

Morrison Foerster








