2009 Notices

FINRA publishes Notices to provide firms with timely information on a variety of issues. They are listed below in reverse chronological order, and you may view them by subject.

 
January | February | March | April | May | June | July | August | September | October | November | December
 

December 2009

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Regulatory Notices
09-74 SEC Approves Changes to Arbitration Rules on Definition of Associated Person, Distribution of the FINRA Discovery Guide and Applicability of Hearing Session Fees
Effective Date: January 18, 2010
Posted on: 12/18/2009
09-73 FINRA Reminds Firms of Their Sales Practice Obligations Relating to Principal-Protected Notes
Posted on: 12/17/2009
09-72 SEC Approval and Effective Dates for New Consolidated FINRA Rules
Effective Date (all rules except FINRA Rule 2330): February 15, 2010
Effective Date (FINRA Rule 2330): February 8, 2010
Posted on: 12/15/2009
09-71 SEC Approves Consolidated FINRA Rules Governing Financial Responsibility

Attachment A to this Notice was updated on January 25, 2010, pursuant to SR-FINRA-2010-004.

Effective Date: February 8, 2010
Posted on: 12/7/2009
09-70 FINRA Requests Comment on Proposed Consolidated FINRA Rules Governing Registration and Qualification Requirements
The comment period was extended to March 1, 2010.
Comment Period Expired: February 1, 2010
Posted on: 12/3/2009
09-69 FINRA Requests Comment on Proposed Consolidated FINRA Rule Governing Payments to Unregistered Persons
Comment Period Expired: February 1, 2010
Posted on: 12/2/2009
Election Notices
12/18/2009 FINRA Announces Recently Elected and Appointed National Adjudicatory Council and Small Firm Advisory Board Members
Posted on: 12/18/2009
12/11/2009 Upcoming District Committee and District Nominating Committee Elections
Posted on: 12/11/2009
Information Notices
12/29/2009 December 2009 Supplement to the Options Disclosure Document
Posted on: 12/29/2009
12/24/2009 New Rate for Fees Paid Under Section 31 of the Exchange Act
Effective Date: January 15, 2010
Posted on: 12/24/2009
12/14/2009 2010 Holiday Trade Date, Settlement Date and Margin Extensions Schedule
Posted on: 12/14/2009
12/9/2009 Certification of Annual Audits
Posted on: 12/9/2009
Disciplinary and Other FINRA Actions
Posted on: 12/15/2009
 

November 2009

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Regulatory Notices
09-68 SEC Approves Changes to the Personnel Assessment and Gross Income Assessment Fees
Effective Date: January 1, 2010
Posted on: 11/30/2009
09-67 Regulatory Element Continuing Education Fees to Increase
Effective Date: January 4, 2009
Posted on: 11/27/2009
09-66 SEC Approves Changes to FINRA's BrokerCheck Disclosure Rule to Retain and Make Publicly Available Information About Final Regulatory Actions Against Former Brokers
Effective Date: November 30, 2009
Posted on: 11/19/2009
09-65 FINRA Delays the Effective Date for Increased Margin Requirements for Options on Leveraged ETFs and Day-Trading Requirements for Leveraged ETFs
New Effective Date: April 30, 2010
Posted on: 11/17/2009
09-64 Verification of Instructions to Transmit or Withdraw Assets from Customer Accounts
Posted on: 11/13/2009
09-63 FINRA Requests Comment on Proposed Consolidated FINRA Rule Governing Discretionary Accounts and Transactions
Comment Period Expired: December 28, 2009
Posted on: 11/12/2009
09-62 Broker-Dealer, Investment Adviser Firm, Agent and Investment Adviser Representative, and Branch Renewals for 2010
Payment Deadline: December 11, 2009
Posted on: 11/4/2009
Information Notices
11/9/2009 Continuing Education
Posted on: 11/9/2009
Disciplinary and Other FINRA Actions
Posted on: 11/16/2009
 

October 2009

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Regulatory Notices
09-61 Securities Industry/Regulatory Council on Continuing Education Issues Firm Element Advisory Update
Posted on: 10/23/2009
09-60 SEC Approval and Effective Dates for New Consolidated FINRA Rules
Effective Date (all rules except FINRA Rule 3310): December 14, 2009
Effective Date (FINRA Rule 3310): January 1, 2010
Posted on: 10/15/2009
09-59 FINRA Provides Guidance on Pandemic Preparedness
Posted on: 10/12/2009
09-58 SEC Approves Amendments Regarding Best Execution and Interpositioning
Effective Date: September 8, 2009
Posted on: 10/9/2009
Election Notices
10/23/2009 Notice of SFAB Election and Ballots
Posted on: 10/23/2009
Information Notices
10/23/2009 Continuing Education Planning
Posted on: 10/23/2009
10/2/2009 Extension of Current Rate for Fees Paid Under Section 31 of the Exchange Act
Posted on: 10/2/2009
Disciplinary and Other FINRA Actions
Posted on: 10/15/2009
 

September 2009

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Regulatory Notices
09-57 SEC Approves Amendments Expanding TRACE to Include Agency Debt Securities and Primary Market Transactions
Effective Date: March 1, 2010
Posted on: 9/29/2009
09-56 Proposed Changes to the Personnel Assessment and Gross Income Assessment Fees
Effective Date: Upon SEC Approval With an Implementation Date of January 1, 2010
Posted on: 9/21/2009
09-55 FINRA Requests Comments on Proposed New Rules Governing Communications with the Public
Comment Period Expired: November 20, 2009
Posted on: 9/21/2009
09-54 SEC Approves Amendments Requiring Related Market Center Indicator in Non-Tape Reports Submitted to FINRA
Effective Date: March 1, 2010
Posted on: 9/4/2009
Election Notices
9/18/2009 FINRA Notice of Contested Election and Ballots for Small Firm NAC Member Seat
Posted on: 9/18/2009
9/4/2009 FINRA Small Firm Advisory Board Election
Posted on: 9/4/2009
Information Notices
9/29/2009 Publication of Daily and Monthly Short Sale Reports on the FINRA Web Site
Posted on: 9/29/2009
Disciplinary and Other FINRA Actions
Posted on: 9/15/2009
 

August 2009

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Regulatory Notices
09-53 Increased Margin Requirements for Leveraged Exchange-Traded Funds and Associated Uncovered Options
Effective Date: December 1, 2009
Posted on: 8/31/2009
09-52 SEC Approves Amendments to FINRA Trade Reporting Rules on OTC Equity Transactions Executed Outside Normal Market Hours
Effective Date: January 11, 2010
Posted on: 8/27/2009
09-51 SEC Approves Amendments Relating to Recordkeeping and the Unsolicited Customer Order Exception of SEA Rule 15c2-11
Effective Date: September 21, 2009
Posted on: 8/20/2009
09-50 SEC Approval and Effective Date for New Consolidated FINRA Rules
Effective Date (FINRA Rule 2320): October 19, 2009
Effective Date (Repeal of Incorporated NYSE Rules 134 and 440I): August 17, 2009
Posted on: 8/17/2009
09-49 SEC Approves Amendments to Modernize and Simplify NASD Rule 2720 Relating to Public Offerings in Which a Member Firm With a Conflict of Interest Participates
Effective Date: September 14, 2009
Posted on: 8/14/2009
09-48 SEC Approves Rule Establishing Expedited Procedures for Arbitrating Promissory Note Cases
Effective Date: September 14, 2009
Posted on: 8/14/2009
09-47 New Large Options Positions Report (LOPR) Requirements Due to Implementation of Options Symbology Initiative
Posted on: 8/6/2009
09-46 FINRA Reminds Alternative Trading Systems of Their Reporting Obligations
Posted on: 8/5/2009
09-45 FINRA Requests Comment on Proposed Consolidated FINRA Rule Governing Sale of Securities in a Fixed Price Offering
Comment Period Expired: September 18, 2009
Posted on: 8/4/2009
Disciplinary and Other FINRA Actions
Posted on: 8/17/2009
 

July 2009

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Regulatory Notices
09-44 FINRA Requests Comment on Proposed Consolidated FINRA Rule Governing Fidelity Bonds
Comment Period Expired: September 14, 2009
Posted on: 7/31/2009
09-43 SEC Approves Amendments to the Panel Composition Rules of the Arbitration Code for Industry Disputes
Effective Date: August 31, 2009
Posted on: 7/31/2009
09-42 FINRA Reminds Firms of Their Obligations With Variable Life Settlement Activities
Posted on: 7/30/2009
09-41 SEC Approves Rule Change Creating New Limited Representative – Investment Banker Registration Category and Series 79 Investment Banking Exam
Effective Date: November 2, 2009
Posted on: 7/28/2009
09-40 SEC Approval and Effective Dates for New Consolidated FINRA Rules on Electronic Filing Requirements for Uniform Forms and Arbitration Disclosures
Effective Date (FINRA Rule 1010): July 27, 2009
Effective Date (FINRA Rule 2263): September 25, 2009
Posted on: 7/27/2009
09-39 SEC Approves Changes to the FINRA Regulation Board Composition and Conforming Changes to the FINRA Regulation By-Laws
Effective Date: August 20, 2009
Posted on: 7/21/2009
09-38 Guidance on the Net Capital and Reserve Formula Treatment of Senior Unsecured Debt Securities Issued Under the Debt Guarantee Program Component of the FDIC's Temporary Liquidity Guarantee Program
Effective Date: July 15, 2009
Posted on: 7/15/2009
09-37 Trading in Motors Liquidation Company (Formerly Known as General Motors Corporation)
Posted on: 7/14/2009
09-36 SEC Approves an Amendment to the Tolling Provision in the Arbitration Codes for Customer and Industry Disputes
Effective Date: August 10, 2009
Posted on: 7/10/2009
Election Notices
7/20/2009 FINRA Announces Nominees for Vacant Small Firm and Mid-Size Firm Industry National Adjudicatory Council Seats
Posted on: 7/20/2009
Information Notices
7/1/2009 New FTC Red Flags Rule Template
Note: FTC's Red Flags Rule Enforcement began Jan 1, 2011. On July 21, 2011, the Dodd-Frank Act transferred responsibility for identity theft red flag rules and guidelines to the SEC and CFTC for the entities they regulate. On February 28, 2012, the SEC and CFTC jointly proposed for comment red flag rules and guidelines that are substantially similar to the FTC’s and do not propose new requirements or cover new entities. The comment period closed May 7, 2012.
Posted on: 7/1/2009
Disciplinary and Other FINRA Actions
Posted on: 7/15/2009
 

June 2009

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Regulatory Notices
09-35 FINRA Recommends Review of Municipal Securities Activities
Posted on: 6/30/2009
09-34 FINRA Requests Comment on Proposed Consolidated FINRA Rule Governing Investment Company Securities
Comment Period Expired: August 3, 2009
Posted on: 6/17/2009
09-33 SEC Approval and Effective Date for New Consolidated FINRA Rules
Effective Date: August 17, 2009
Posted on: 6/15/2009
09-32 SEC Approves Amendments to NASD Rule 2821 Governing Purchases and Exchanges of Deferred Variable Annuities
Effective Date: February 8, 2010
Posted on: 6/11/2009
09-31 FINRA Reminds Firms of Sales Practice Obligations Relating to Leveraged and Inverse Exchange-Traded Funds
Posted on: 6/11/2009
09-30 SEC Approves Rule Establishing an Interim Pilot Program on Margin Requirements for Transactions in Credit Default Swaps
Effective Date: June 3, 2009
Posted on: 6/3/2009
09-29 FINRA Requests Comment on Proposed FINRA Rule Addressing the Origination and Circulation of Rumors
Comment Period Expired: July 16, 2009
Posted on: 6/1/2009
Disciplinary and Other FINRA Actions
Posted on: 6/15/2009
 

May 2009

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Regulatory Notices
09-28 FINRA Reminds Firms of Their Obligation to Provide Accurate Information in Disseminating, or Using Services to Disseminate, Indications of Interest
Posted on: 5/27/2009
09-27 SEC Approves New FINRA Rule 5122 Relating to Private Placements of Securities Issued by a Member Firm or a Control Entity
Effective Date: June 17, 2009
Posted on: 5/18/2009
09-26 Securities Industry/Regulatory Council on Continuing Education Issues Firm Element Advisory Update
Posted on: 5/19/2009
09-25 Proposed Consolidated FINRA Rules Governing Suitability and Know-Your-Customer Obligations
Comment Period Expired: June 29, 2009
Posted on: 5/15/2009
09-24 SEC Approves Amendments Expanding the Definition of "TRACE-Eligible Security"
Effective Date: June 15, 2009
Posted on: 5/15/2009
09-23 SEC Approval of Proposed Changes to Forms U4 and U5 and FINRA Rule 8312 (FINRA BrokerCheck Disclosure)
Effective Date: May 18, 2009; Effective Date (Regulatory Action Disclosure Questions): November 14, 2009
Posted on: 5/15/2009
Election Notices
5/15/2009 Notice of Special Meeting of Large Firms and Proxy
Posted on: 5/15/2009
Information Notices
5/20/2009 Continuing Education Planning
Posted on: 5/20/2009
Disciplinary and Other FINRA Actions
Posted on: 5/15/2009
 

April 2009

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Regulatory Notices
09-22 FINRA Requests Comment on Proposed Consolidated FINRA Rule Governing Personal Securities Transactions for or by Associated Persons
Comment Period Expired: June 5, 2009
Posted on: 4/21/2009
09-21 FINRA Adopts Amendments Relating to Reporting Transfers of Proprietary Positions in Debt and Equity Securities in Connection With Certain Corporate Control Transactions
The process for transferring debt positions described in this Notice was updated on July 30, 2012. For transfers of debt positions, firms must first request that FINRA Operations enable their reporting Market Participant Symbol (MPID) for position transfer entry by contacting FINRA Operations at (866) 776-0800 or by email. See the applicable technical specifications for FIX, CTCI and Web on the TRACE Documentation page.
Effective Date: May 4, 2009
Posted on: 4/15/2009
09-20 SEC Approval and Effective Date for New Consolidated FINRA Rules on the Transfer of Customer Accounts, Recommendations to Customers in OTC Equity Securities and Anti-Intimidation/Coordination
Effective Date: June 15, 2009
Posted on: 4/15/2009
09-19 Amendments to FINRA Rule 9520 Series to Establish Procedures Applicable to Firms and Associated Persons Subject to Certain Statutory Disqualifications
Effective Date: June 15, 2009
Posted on: 4/9/2009
Information Notices
4/29/2009 Use of FINRA Logo
Posted on: 4/29/2009
Disciplinary and Other FINRA Actions
Posted on: 4/15/2009
 

March 2009

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Regulatory Notices
09-18 EBS Submissions Following Implementation of the Option Symbology Initiative
Posted on: 3/30/2009
09-17 FINRA Provides Guidance on its Enforcement Process
Posted on: 3/18/2009
09-16 SEC Approves Amendments to Require Arbitrators to Provide an Explained Decision at Parties' Joint Request
Effective Date: April 13, 2009
09-15 FINRA Requests Comment on Proposed Consolidated FINRA Rules Governing Limit and Market Order Protection
Comment Period Expired: April 24, 2009
Posted on: 3/12/2009
09-14 SEC Approves Alternative Means for Calculating the Minimum Price-Improvement Obligations Under Certain Circumstances
Effective Date: February 11, 2009
Posted on: 3/3/2009
Election Notices
3/27/2009 Nominees for Vacant FINRA Board of Governors Large Firm Seats
Posted on: 3/27/2009
3/24/2009 FINRA Announces Election Results for District Committees, District Nominating Committees and the National Adjudicatory Council
Posted on: 3/24/2009
Information Notices
3/16/2009 New Rate for Fees Paid Under Section 31 of the Exchange Act
Effective Date: April 10, 2009
Posted on: 3/16/2009
Disciplinary and Other FINRA Actions
Posted on: 3/16/2009
 

February 2009

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Regulatory Notices
09-13 SEC Approves Amendments Raising the Threshold for Single Arbitrator Cases to $100,000
Effective Date: March 30, 2009
Posted on: 2/27/2009
09-12 Reporting Requirements for Settlements of Customer Disputes Involving Auction Rate Securities
Posted on: 2/18/2009
09-11 SEC Approval and Effective Date for New Consolidated FINRA Rule on Trading Ahead of Research Reports
Effective Date: April 20, 2009
Posted on: 2/17/2009
09-10 SEC Approves Rule Relating to Supervision of Market Letters
This Notice was updated to add Attachment A (the amended rule text).
Effective Date: February 5, 2009
09-09 Customer Account Statements and Due Diligence Requirements for Unlisted Real Estate Investment Trusts (REITs) and Direct Participation Programs (DPPs)
Posted on: 2/4/2009
Election Notices
2/23/2009 Nominees for the District Committees and District Nominating Committees
Posted on: 2/23/2009
2/5/2009 Notice of Contested Election and Ballot for Small Firm National Adjudicatory Council Member Seat
Posted on: 2/5/2009
Trade Reporting Notices
2/24/2009 FINRA Announces Two New Trade Reporting Modifiers Related to Regulation NMS
Effective Date: July 1, 2009
Posted on: 2/24/2009
Disciplinary and Other FINRA Actions
Posted on: 2/16/2009
 

January 2009

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Regulatory Notices
09-08 SEC Approves Amendments to FINRA Trade Reporting Rules
Effective Date: August 3, 2009
Posted on: 1/23/2009
09-07 SEC Approves New Motion to Dismiss Rule and Amendment to the Eligibility Rule in Arbitration
FINRA Imposes Immediate 30-Day Moratorium on Motions to Dismiss; Effective January 23, 2009
Posted on: 1/23/2009
09-06 FINRA Requests Comment on Proposed Rule to Establish a Leverage Limitation for Retail Forex
Comment Period Expired: February 20, 2009
Posted on: 1/21/2009
09-05 FINRA Reminds Firms of Their Obligations to Determine Whether Securities are Eligible for Public Sale
Posted on: 1/13/2009
09-04 SEC Approves Proposed Rule Change to Amend the Submission Agreement and Related Rules in the Arbitration Codes for Customer and Industry Disputes
Effective Date: February 9, 2009
Posted on: 1/9/2009
09-03 FINRA Requests Comment on Proposed Consolidated FINRA Rules Governing Financial Responsibility and Operational Requirements
Comment Period Expired: February 20, 2009
Posted on: 1/6/2009
09-02 FINRA Requests Comment on Proposed Consolidated FINRA Rule Governing Information and Data Reporting and Filing Requirements
Comment Period Expired: February 20, 2009
Posted on: 1/6/2009
09-01 Broker-Dealer, Investment Adviser Firm, Agent and Investment Adviser Representative, and Branch Renewals for 2009
Payment Deadline: February 4, 2009
Posted on: 1/6/2009
Election Notices
1/2/2009 Upcoming District Committee and District Nominating Committee Elections
This Notice was updated to note that the District 10 Nominating Committee Chair is Vacant.
Posted on: 1/2/2009
Information Notices
1/8/2009 Public Company Accounting Oversight Board Registration Relief Expired December 31, 2008
Posted on: 1/8/2009
Disciplinary and Other FINRA Actions
Posted on: 1/15/2009