Regulation is the foundation of what we do.
The Long-Term Stock Exchange, Inc. (LTSE) is registered with the U.S. Securities and Exchange Commission (SEC) as a national securities exchange and is subject to SEC oversight and is a participant in many industry-wide National Market System (NMS) plans. Additionally, LTSE is a self-regulatory organization (SRO) and exercises regulatory authority over broker-dealer members and listed companies.
Exchange Rules
Rules Incorporated by Reference
LTSE incorporates by reference certain FINRA rules as LTSE rules. Thus, for certain LTSE rules, Exchange members will comply with an LTSE rule by complying with the FINRA rule referenced therein. LTSE will periodically provide updates where applicable when there are new proposals or approvals to amend these incorporated rules. Below are relevant updates.
FINRA Rule 1240 (LTSE Rule 2.154) - Continuing Education
Proposed Rule Change to Amend FINRA Rule 1240.01 to Provide Eligible Individuals Another Opportunity to Elect to Participate in the Maintaining Qualifications Program
FINRA Rule 2090 (LTSE Rule 3.150) - Know Your Customer
No pending or recently effective changes.
FINRA Rule 2111 (LTSE Rule 3.170) - Suitability
Proposed Rule Change to FINRA’s Suitability, Non-Cash Compensation and Capital Acquisition Broker (CAB) Rules in Response to Regulation Best Interest
FINRA Rule 2210 (LTSE Rule 3.280) - Communications with Customers and the Public
No pending or recently effective changes.
FINRA Rule 3130 (LTSE Rule 5.130) - Annual Certification of Compliance and Supervisory Processes
No pending or recently effective changes.