On May 27, 2015, the Financial Industry Regulatory Authority (“FINRA”) issued a new set of FAQs to provide guidance with respect to its research rule, NASD Rule 2711.   The FAQs specifically focus on NASD Rule 2711(c)(4) and Rule 2711(e).  NASD Rule 2711(c)(4) generally prohibits research analysts from participating in efforts to solicit investment banking business,