Search

Resources

Home > Resources > Information for Small Firms
Printer-Friendly Last Updated: 5/8/08 Information for Small Firms

FINRA has created this page to provide information for the small firm community—those firms with 150 or fewer registered representatives. This page contains current and past communications, links of interest to small firms, and other information. 

• Compliance Tools 
• Preparing for a Cycle Examination
• Small Firm Conference Series 
• Letters to Members 
• Small Firm Advisory Board 
• Related Links

You may also email us with your comments and questions regarding small firm issues. 

What's New

Small Firm Conference - Dallas - June 19, 2008

Discounted Registration rates will end on May 22.

Rules Regarding Supervision, Supervisory Controls and CEO Certification

FINRA has consolidated resource information regarding Rule 3012 (Supervisory Control System), Rule 3013 (Annual Certification of Compliance and Supervisory Processes) and IM-3013 (Annual Compliance and Supervision Certification), and amendments to Rule 3010 (Supervision). In addition, the resource materials provide information regarding related amendments to Rule 2510 (Discretionary Accounts), Rule 3110 (Books and Records) and IM-3110 (Customer Account Information). Visit the Supervisory Control section for more information.

For specific guidance for complying with Rules 3012 and 3013, visit Guidance on Complying with NASD Rules 3012 and 3013.

Small Firm Emergency Partner Program:  Additional Support During Potential Business Disruptions

FINRA, in consultation with NASAA and an industry working group, developed the Small Firm Emergency Partner Program (SFEPP), a voluntary initiative that helps firms partner with each other in preparation for a potential business disruption. Should one occur, the affected firm can rely on its partner-a similar but distant firm-to temporarily service the affected firm's customers while it recovers. Once the affected firm has fully recovered, the support firm's access to the affected firm's customers will discontinue. Visit the Small Firm Emergency Partner Program section for more information.

Firm Gateway: A New, Easy Way to Access FINRA Regulatory Applications

As part of our commitment to helping firms meet their regulatory obligations, we've developed the Firm Gateway - a new tool that provides consolidated access to FINRA applications and timely information relevant to your firm. The Firm Gateway provides:

• One place for regulatory filing and reporting needs
• One-click access to common tasks and useful resources
• An at-a-glance view of important filing dates, tasks, events and upcoming rule changes
• A consolidated view of regulatory forms and filings

Visit the Firm Gateway section for more information.

Quarterly Disciplinary Review

View the latest issue of the Quarterly Disciplinary Review, a summary sampling of recent disciplinary actions involving misconduct by registered representatives that call attention to, and remind registered representatives and firms of, specific conduct that violates FINRA rules and may result in disciplinary action.

Message from Lou Denton, Chairman of the SFAB

View April 16, 2008, message from Lou Denton to small firms regarding Regulation S-P.

Regulatory Deadlines

View updated small firm-related regulatory deadlines.

FINRA Rule Filing Status Report

The FINRA Rule Filing Status Report provides firms with a comprehensive list of FINRA rule filings currently pending with the SEC, as well as FINRA rule filings approved by the SEC, filed with the SEC for immediate effectiveness, or withdrawn within the last six months.