FINRA Proposes Amendment to Simplify Spinning Provisions and Delay Implementation | Practical Law

FINRA Proposes Amendment to Simplify Spinning Provisions and Delay Implementation | Practical Law

An update on the proposed amendment to the New Issue Allocations and Distributions Rule to simplify the spinning provision and delay the implementation date of Rule 5131(b) and Rule 5131(d)(4).

FINRA Proposes Amendment to Simplify Spinning Provisions and Delay Implementation

Practical Law Legal Update 2-505-7943 (Approx. 2 pages)

FINRA Proposes Amendment to Simplify Spinning Provisions and Delay Implementation

by PLC Corporate & Securities
Published on 19 Apr 2011 • USA (National/Federal)
An update on the proposed amendment to the New Issue Allocations and Distributions Rule to simplify the spinning provision and delay the implementation date of Rule 5131(b) and Rule 5131(d)(4).