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Tuesday, August 29, 2017 3:10:30 PM
FINRA has no shot clock. They can take several months in between comments according to an article in my post below.
Also, a company has 90 days to respond to FINRA's request or their pending action will lapse and be closed.
That's straight out of the FINRA Manual on rule 6490.
LMD, are there newer timelines giving the 5 and 60 day limits I haven't been able to find?
I think we agree that FINRA can take their sweet time.
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