Register a New Broker-Dealer Firm
To conduct securities transactions and business with the investing public in the United States, both firms and individuals must be registered with FINRA. Firms must apply and meet certain membership standards to become a FINRA-registered broker-dealer.
Prior to applying please make sure you take time to review and understand all of FINRA’s substantive and procedural requirements. You can find them in the NASD Rule 1010 Series and NASD Rule 1014. We recommend that you also read this section of FINRA.org thoroughly, as well as the applicable FINRA and SEC rules in detail.
In addition to filing the New Member Application (NMA) Form and applicable registration forms, you will also be required to provide supporting documentation that addresses how you will satisfy the Qualifications and Standards of Admission as well as other applicable statutory and regulatory requirements. FINRA will not begin reviewing your membership application until it is substantially complete, so it is important that you strictly adhere to specific deadlines during the process.
The information in this section will help guide you through how the membership process works, fees associated with applying and how to prepare your FINRA application.
Applying for FINRA membership is an extensive multistep process. If after reviewing the information in this section you need additional assistance, please contact FINRA’s Gateway Business Application Support (GBAS) group at (800) 321-6273. Working with GBAS can make the application process smooth and efficient, as well as help answer your questions.
Learn the steps to submit a new member application, from reserving your firm’s name to filling out the required forms via the Firm Gateway. Your Form NMA and supporting documentation must satisfy the Standards of Admission set forth in NASD Rule 1014.
After receiving a substantially complete application, FINRA must review and process it within 180 calendar days. Learn how the entire process works, including how to amend an application and the purpose of the membership interview.