Over-the-counter securities transactions are subject to oversight by FINRA On August 23, 2023, the Securities and Exchange Commission (SEC) adopted amendments that narrow the exemption from Section 15(b)(8) of the Securities Exchange Act of 1934 (the “Act”) regarding when broker-dealers are required to register with the Financial Industry Regulatory Authority (FINRA). Now, nearly all proprietary … Continue reading SEC Adopts Changes to Narrow Broker-Dealer Exemptions to FINRA Membership