Securities and Exchange Commission
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Securities and Exchange Commission [Release No. 34-98982; File No. SR-FINRA-2023-007] November 17, 2023. I. Introduction On April 14, 2023, the Financial Industry Regulatory Authority, Inc. (“FINRA”) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change SR-FINRA-2023-007 pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Exchange Act”)  [ 1 ] and Rule 19b-4  [ 2 ] thereunder, to adopt a voluntary, three-year remote inspections pilot program to allow eligible member firms to elect to fulfill their obligation under paragraph (c) (Internal Inspections) of FINRA Rule 3110 (Supervision) by conducting inspections of eligible branch offices, [ 3 ] offices of supervisory jurisdiction (“OSJ”), [ 4 ] and non-branch locations  [ 5 ] remotely without an on-site visit to such locations, [ 6 ] subject to specified safeguards and limitations (the “Pilot”). [ 7 ] The proposed rule change was published for public comment in the Federal Register on May 4, 2023. [ 8 ] The Commission received thirteen comment letters in response to the Notice. [ 9 ] On June 7, 2023, FINRA consented to an extension of the time period in which the Commission must approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to approve or disapprove the proposed rule change to August 2, 2023. [ 10 ] On ( printed page 82465) Aug…
Citation: 88 FR 82464
