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Definition of 'Interpretive Letter'
A letter issued by banking regulators that interprets the banking law for a specific issue or party. Interpretive letters become effective immediately upon issuance. These letters are similar to IRS letter rulings that interpret the application of tax law. An example is the 1989 ruling that allowed banks to begin underwriting corporate bonds.
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Investopedia explains 'Interpretive Letter'
Even though they don't technically have the force of law, banks pay close attention to interpretive letters for several reasons. They can illuminate new ways to market products and services, as well as provide approval for banks to increase their association with investment and insurance services.
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Search results for 'Interpretive Letter'
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http://www.investopedia.com/exam-guide/finra-series-6/finra-rules/finra-conduct-rule-2830-member-compensation.asp
... The arrangement is agreed to by the member; The member relies on an appropriate
rule, regulation, interpretive release, interpretive letter, or "no-action ...
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http://www.investopedia.com/exam-guide/finra-series-6/finra-rules/finra-conduct-rule-2820-member-compensation.asp
... The arrangement is agreed to by the member; The member relies on an appropriate
rule, regulation, interpretive release, interpretive letter, or "no-action ...
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http://www.investopedia.com/exam-guide/series-26/sales/execution-transactions.asp
... The arrangement is agreed to by the member; The member relies on an appropriate
rule, regulation, interpretive release, interpretive letter, or "no-action ...
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http://www.investopedia.com/exam-guide/series-26/sales/finra-conduct-rule-2820.asp
... The arrangement is agreed to by the member; The member relies on an appropriate
rule, regulation, interpretive release, interpretive letter, or "no-action ...
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http://www.investopedia.com/exam-guide/series-26/sales/finra-conduct-rule-2830.asp
... The arrangement is agreed to by the member; The member relies on an appropriate
rule, regulation, interpretive release, interpretive letter, or "no-action ...
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http://www.investopedia.com/university/advancedwave/
... There is no doubt that the Elliott Wave theory has posed some interpretive challenges,
but is such skepticism fair? ... He also writes a weekly market letter. ...
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http://www.investopedia.com/university/advancedwave/default.asp
... There is no doubt that the Elliott Wave theory has posed some interpretive challenges,
but is such skepticism fair? ... He also writes a weekly market letter. ...
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http://www.investopedia.com/exam-guide/finra-series-6/marketing-presentations/finra-conduct-rule-2211.asp
... "Correspondence" consists of any written letter or electronic mail ... to the content
standards of Rule 2210(d)(1) and the applicable Interpretive Materials under ...
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