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 Has Been Delayed to December 31, 2010
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
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