Fees & Accounting

The Web CRD system facilitates the collection and disbursement of fees associated with filings processed through the system. The links available on this Web Page provide important information on registration-related fees and payments, as well as guidance with the CRD Accounting functionality.

 

Important: Web CRD/IARD Accounting Shutdown Period

FINRA will be upgrading its accounting software beginning Thursday, June 16, through Monday, June 20, 2011. Payments received during this period for your Web CRD or IARD Daily Account will not post or be available for fees assessed. To ensure that your firm’s filings continue to process during this system upgrade, you must have sufficient funds deposited in your firm’s Daily Account by Wednesday, June 15, to cover all costs associated with planned filings.

 

Please consider delivery and processing time when submitting payment:

 

• Upon FINRA’s receipt of payment, it may take two to three business days before the payment posts to your Web CRD/IARD Daily Account. Accordingly, FINRA recommends that firms send overnight check payments, wire transfers or electronic payments via Web CRD/IARD E-Pay no later than Friday, June 10.
• Check payments sent via U.S. Postal Service first-class mail will likely require additional delivery time in order to be received by FINRA on or before June 10.

 

Payments made during the period when payment processing is suspended will post to the firm’s Daily Account on Tuesday, June 21. Additionally, updated Account Activity Reports will not be available until June 21.

 

Please Note: As of March 21, 2011, the Web CRD Daily Account Status is determined based on a firm's running balance which adjusts throughout the day as fees are assessed. The firm's running balance reflects either a "Current Credit Balance" meaning their account status is sufficient or a "Current Amount Due" indicating a deficient account status. If during the day a firm's Daily Account balance becomes $0 or less, its account status will become deficient; subsequent transactions will continue to be assessed fees, however, Web CRD will apply a funds deficiency to exam and registration requests that will be detailed in your Funds Deficient Transactions queue. At a minimum your firm must deposit sufficient funds to cover the Current Amount Due in order for all of your transactions to be processed.

 

Please refer to the Web CRD Accounting Quick Reference Guide or the Accounting Chapter of the Web CRD User Manual for detailed information on the accounting functionality.        
 

• SRO/Jurisdiction Fee and Setting Schedule - Web CRD (PDF 103 KB)
   
• Registration/Exam Fee Schedule
   
• Web CRD Ad Hoc Reports Fee Schedule
   
• Web EFT Subscription Fees
   
• Web CRD Payment Methods and Addresses
   
• Web CRD Funds Transfer Request Form (PDF 94 KB)
   
• CRD Daily Account Refund Requests
   
• Refund Requests for Charges Assessed In Error
   
• Frequently Asked Questions About Web CRD Accounting 
   

FINRA-registered firms may contact the Gateway Call Center at (301) 869-6699, with any questions or comments.

 

Joint broker-dealer/investment adviser (BD/IA) firms should also review the IARD accounting information provided on the IARD website.