Series 24: FINRA Trading Conduct Rules

FINRA Trading Conduct Rules

Member firms are assigned responsibility by the Exchange Act for the business conduct of the firm and its employees. Specifically, FINRA Rule 2010 states: “A member, in the conduct of its business, shall observe high standards of commercial honor and just and equitable principles of trade.” The meaning behind this broad statement of principle is provided in FINRA’s conduct rules, a few of which are summarized below.