SR-FINRA-2026-007
Proposed Rule Change to Exempt Specified Collective Trust Funds (“CTFs”) from FINRA Rules 5130 (Restrictions on the Purchase and Sale of Initial Equity Public Offerings) and 5131(b) (New Issue Allocations and Distributions - Spinning)
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to exempt specified collective trust funds (“CTFs”) from FINRA Rule 5130 (Restrictions on the Purchase and Sale of Initial Equity Public Offerings) and from paragraph (b) (Spinning) of FINRA Rule 5131 (New Issue Allocations and Distributions).
| Title | Format - Size | Status |
|---|---|---|
| Text of the Proposed Rule Change | PDF - 372.41 KB | |
| Federal Register Notice | PDF - 238.48 KB | |
| Notice of Designation of a Longer Period for Commission Action | PDF - 209.26 KB | |
| Amendment No. 1 to Proposed Rule Change | PDF - 1.75 MB | |
| Response to Comments | PDF - 138.03 KB | |
| Notice of Filing of Partial Amendment No. 1 and Order Instituting Proceedings To Determine Whether To Approve or Disapprove | PDF - 214.35 KB |