Foreign Deferral Policy

A foreign deferral defers a Continuing Education Regulatory Element requirement until the individual’s next Regulatory Element anniversary, and is granted only for those persons residing in locations outside a 350-mile radius of a Pearson VUE or Prometric center. FINRA established the foreign deferral policy for registered persons residing outside the United States and Canada in July 1996, when FINRA opened a testing/training center in London (see Notice to Members 96-48). FINRA has amended the foreign deferral policy on four previous occasions as testing centers became available. See Notice to Members 04-12 (February 2004); Notice to Members 03-40 (July 2003); Notice to Members 01-73 (November 2001); and Notice to Members 01-50 (August 2001).

Foreign deferral requests must be in writing, on company letterhead, signed by a principal of the firm, and mailed or faxed to:

FINRA

Testing & Continuing Education Department
9509 Key West Avenue
Rockville, MD 20850
Fax: (240) 386-4706

 

Scanned PDF requests containing the required information can also be sent via email.

 

Requests must contain the individual’s name, CRD number, and the city and country of residence. Firms must proactively request a foreign deferral for each anniversary date that subjects a registered person to a Regulatory Element requirement. FINRA does not automatically renew foreign deferrals. All requests should be made at least two weeks prior to the end of the candidate's CE requirement.