FINRA Seeks Comment on Rule Revisions for Investor Protection

FINRA Regulatory Notices

Detected February 6th, 2026

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Summary

FINRA is seeking public comment on proposed rule revisions aimed at enhancing member firms' ability to protect senior investors from financial exploitation and all investors from fraud. The proposed amendments focus on customer account information and temporary delays for suspected fraud, with a comment deadline of March 9, 2026.

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What changed

FINRA has issued Regulatory Notice 26-02 to solicit public comment on proposed amendments to FINRA Rules 4512 (Customer Account Information) and 2165 (Financial Exploitation of Specified Adults), along with a new proposed Rule 2166 (Temporary Delays for Suspected Fraud). These proposed changes are intended to modernize existing rules and provide member firms with additional tools to protect investors, particularly seniors, from financial exploitation and fraud. The notice follows up on feedback received from a previous notice (25-07) and aims to address the increasing sophistication of financial scams.

Member firms and other interested parties are encouraged to submit comments by March 9, 2026, using FINRA's online comment form, email, or mail. The proposed revisions could lead to new compliance obligations for firms regarding account information collection, trusted contact persons, and the implementation of temporary holds on transactions suspected of involving fraud or exploitation. Failure to adapt to these potential new requirements could result in regulatory scrutiny and enforcement actions.