Supervisory Controls & CEO Certification

Guidance on Complying with NASD Rule 3012 and FINRA Rule 3130

 

* Note: FINRA Rule 3130 (Annual Certification of Compliance and Supervisory Processes) replaces NASD Rule 3013 and the corresponding provisions in Incorporated NYSE Rule 342.30 and related NYSE Rule Interpretations (effective December 15, 2008). See Regulatory Notice 08-57 and SR-FINRA-2008-30 for additional information.

 

This Web page provides additional guidance, including examination findings and answers to frequently asked questions.

 

Firms are reminded that the requirements of NASD Rule 3012 and FINRA Rule 3130 apply to all member firms.1 Firms should also note that they may access all of the guidance FINRA has provided regarding NASD Rule 3012 and FINRA Rule 3130 at the Supervisory Control main page.

 

While the information presented is designed to be easily understandable, any inconsistency with rule language is unintended and does not alter the express provisions of the rules.

 



1 The current FINRA rulebook includes (1) FINRA Rules, (2) NASD Rules and (3) rules incorporated from NYSE (Incorporated NYSE Rules).This guidance applies only to NASD Rule 3012 and FINRA Rule 3130. While the NASD Rules generally apply to all FINRA member firms, the Incorporated NYSE Rules apply only to those members of FINRA that are also members of the NYSE (Dual Members). The FINRA Rules apply to all FINRA member firms, unless such rules have a more limited application by their terms. For more information about the rulebook consolidation process, see Information Notice 03/12/08.

Last Updated: 3/24/2009