FINRA is proposing to adopt a new Rule 3290, "Outside Activities Requirements," and simultaneously delete existing Rules 3270 ("Outside Business Activities of Registered Persons") and 3280 ("Private Securities Transactions of an Associated Person"). This proposed rule change, filed with the SEC under SR-FINRA-2026-001, focuses on outside activities that present heightened risks to members and the public, intending to bolster member review processes while alleviating undue burdens.

Broker-dealers and their registered persons should review the proposed Rule 3290 and the accompanying Federal Register Notice. As this is a proposed rule change, FINRA is seeking public comment. Affected parties should be prepared to adapt their compliance policies and procedures to align with the new requirements once finalized. The specific comment deadline is not provided in this notice but will be detailed in the Federal Register publication.