Stock split - Securities l Corporate l Business Law

FINRA Uses Rule 6490 To Stop Wash, Rinse, Repeat Issuers

Securities Law Blog In late 2009, the Financial Industry Regulatory Authority (“FINRA”) proposed changes to its Rule 6490.  Until that time, the Rule had provided merely that the agency review and process certain corporate actions taken by companies not listed… Read More

Two Years Later l FINRA Rule 6490 l Going Public Attorneys

Securities Lawyer 101 Blog FINRA Rule 6490, enacted over two years ago requires issuers of securities not listed on exchanges to provide timely notice to FINRA of certain corporate actions including reverse mergers.  Rule 6490 applies to corporate… Read More