In the Press
April 14, 2023

State Regulators Oppose Expungement Reform Proposal Approved By SEC (InvestmentNews)

State securities regulators continue to oppose a Finra expungement reform proposal the SEC approved earlier this week, while holding their fire on Finra’s re-proposals for remote inspections for brokerage branch offices. David Adams, Financial Services counsel, said Finra is responding to the questions and concerns that skeptics have raised. “I’d characterize it as a good next step,” Adams said to InvestmentNews. “It’s going to be interesting to see how it plays out and where NASAA comes down.