Central Registration Depository (CRD®) 2010 FINRA Renewal Program

The FINRA Renewal Program facilitates the annual renewal of broker-dealer firms' and their registered representatives' FINRA, state/jurisdiction and SRO registrations. Preliminary Renewal Statements and reports for the 2010 FINRA Renewal Program will be available beginning Monday, November 16, 2009. Full payment of Preliminary Renewal Statements must be received by Friday, December 11, 2009.

 

A new "CRD Renewals" contact has been added to the FINRA Contact System (FCS). Firms can now designate who should receive important hardcopy and electronic notifications regarding the FINRA Renewal Program, such as the person responsible for paying the registration renewal fees assessed by FINRA, states/jurisdictions and other self-regulatory organizations (SROs). As this is the first renewal cycle in which a CRD Renewals contact can be designated, FINRA also will continue to send renewal communications to other known firm contacts (e.g., CRD Account Administrators, Executive Representatives or CRD Contacts) for the 2010 Renewal Program.

 

The following links will guide your firm through the 2010 FINRA Renewal Program:

 

 

Other key dates and information about the 2010 Renewal Program:

 

  • Post-Dated Filings: Firms can submit post-dated Forms U5, BDW, ADV-W and BR Closing/Withdrawal via Web CRD and/or IARD™ beginning on November 4, 2009. The deadline for submitting post-dated forms prior to year end is 1:00 p.m., ET, December 24, 2009. All post-dated forms must be dated 12/31/09.

  • Mass Transfer Moratorium: There will be a moratorium on mass transfers from December 12, 2009 through January 15, 2010. The last day firms will be able to request a mass transfer to occur in 2009 is November 20, 2009.

  • Automatic Daily-to-Renewal Account Transfer: To facilitate renewal payment processing for all firms, FINRA will automatically transfer funds from a firm's Daily Account to its Renewal Account on December 11, 2009, the Preliminary Renewal Statement payment deadline. FINRA will transfer funds only if a firm has sufficient funds available in its Daily Account on December 11 to cover the amount. Please Note: If a firm does not want funds automatically transferred from its Daily Account to its Renewal Account, the firm should ensure that its payment is received and reflected in its Renewal Account by the December 11 deadline. Separately, if a firm wishes to transfer funds between affiliated firms, the firm should contact the Gateway Call Center at (301) 869-6699 for further instructions prior to the renewal deadline.

  • Year-End Schedule: Web CRD and IARD will be unavailable for form filing processing from 1:00 p.m., ET, December 24 through December 25, 2009 due to the holiday schedule. The systems will also be unavailable December 26 and 27, due to the generation of Final Renewal Statements. From December 28 through 31, your firm may be able to query the system(s) and create ‘Pending’ filings but will not be able to submit them until on or after January 4, 2010. IARD and Web CRD will be unavailable January 1, 2010 through January 3, 2010 due to the holiday and weekend schedule.

 

For questions regarding the 2009 Renewal Program, call the FINRA Gateway Call Center at (301) 869-6699 or email FINRA.

Last Updated: 10/23/2009