Press Releases
October 5, 2017 - FINRA Receives SEC Approval to Streamline Competency Exams. View full notice in Selected Regulatory Notices.
Selected Regulatory Notices
October 31, 2019 - Senators Introduce Bill to Exempt Small Brokers from PCAOB Requirements - The bill, called the Small Business Audit Correction Act of 2019, applies to privately held broker-dealers that do not hold client funds. It would revert current rules requiring that these broker-dealers use only PCAOB-registered audit firms to their pre-Dodd-Frank Act status, when they could enlist, instead, an AICPA-approved auditor. Specifically, the bill would apply to non-custody broker-dealers that are privately held and in good standing.
August 9, 2018 - Effective date of Interpretive Notice establishing disclosure requirements for NFA Members engaging in virtual currency activities
May 18, 2018 - Enhancements to FINRA’s Disclosure Review Process Relating to Public Financial Records - Beginning on July 9, 2018, FINRA will conduct a public records search within 15 calendar days from the date of an applicant’s Form U4 (Uniform Application for Securities Industry Registration or Transfer) and provide member firms any information resulting from such a search if such information is different from what was reported in the applicant’s Form U4.
January 8, 2018 - 2018 Regulatory and Examination Priorities Letter
October 2017 - SEC Approves Consolidated FINRA Registration Rules, Restructured Representative-Level Qualification Examinations and Changes to Continuing Education Requirements [View PDF]
Presentations & White Papers
August 9, 2018 - FINRA Publishes First Annual Industry Snapshot - FINRA published the FINRA Industry Snapshot 2018, its first annual statistical report on the brokerage firms, registered individuals and market activity that FINRA regulates. The publication includes data ranging from the size and geographic distribution of the firms FINRA regulates to the number of individuals in the industry; from trading activity to how firms market their products and services. FINRA is sharing a statistical overview based on the data it collects in the course of its work. [View PDF]
July 17, 2018 - GDPR, Blockchain and Crypto in 60 Minutes - presented at a briefing hosted by Lavan Partners and Taylor & Gray LLC [View PDF]
June 2018 - Accessing Capital and Facilitating Investment Banking Transactions in the U.S. -- The Broker-Dealer Question - by Micah A. Taylor for The London Institute of Compliance [View PDF]