Foreign Deferral Policy

A foreign deferral defers a Continuing Education (CE) Regulatory Element requirement until the individual's next Regulatory Element anniversary and is granted only for those persons residing in locations outside a 350-mile radius of a Pearson VUE or Prometric testing center. FINRA established the foreign deferral policy for registered persons residing outside the U.S. and Canada in July 1996, when FINRA opened a testing/training center in London (see Notice to Members 96-48). FINRA has amended the foreign deferral policy on four previous occasions as testing centers became available. See Notice to Members 04-12 (February 2004); Notice to Members 03-40 (July 2003); Notice to Members 01-73 (November 2001); and Notice to Members 01-50 (August 2001).

Revised Policy: Effective October 1, 2015

In the past, FINRA has granted deferral of a CE requirement for those qualifying candidates as outlined above. Effective October 1, 2015, FINRA will introduce the CE Online Program which will provide delivery of the S106, S201 and S901 Regulatory Element of Continuing Education Programs for via a Web platform and FINRA will no longer grant foreign deferrals for these programs. All CE Online Programs are untimed, and candidates are permitted to take their CE on any computer that has Internet access. For programs that are available online, candidates must complete their Regulatory Element requirement within the prescribed window. Temporary extensions to the foreign deferral provision may be granted for S101 candidates only through December 2015 but will not be granted after January 4, 2016.

Please refer additional questions to FINRA's CE Online Program support team at 240-386-4321.