Electronic Fingerprint Processing
- Reminder that firms are responsible for complying with FBI requirements.
FINRA transmits to the FBI for processing fingerprint transactions submitted by firms on behalf of their associated persons that are subject to the fingerprint requirements of Section 17f-2 of the Securities Exchange Act of 1934 and Rule 17f-2 thereunder. For more information on the FBI fingerprinting policies and processes, including the FBI Privacy Act statement, visit https://www.fbi.gov/services/cjis/compact-council/privacy-act-statement.
Member firms have two ways to submit fingerprint information to FINRA. A firm may submit hard copy fingerprint cards to FINRA, which requires FINRA to process the card electronically using high-speed scanners and FBI certified hardware and software to electronically submit fingerprint transactions to the FBI. Alternatively, a firm may submit fingerprint information electronically to FINRA under FINRA's Electronic Fingerprint Submission (EFS) Program. The EFS Program allows for high-speed electronic transmissions of fingerprint data to the FBI either through the firm contracting with a certified vendor, or by leasing/purchasing fingerprint scanners to submit their information directly to FINRA.
For the fastest turnaround of fingerprint results, FINRA recommends using the EFS Program to submit fingerprint information. The EFS Program offers the following advantages:
- Speed – Electronic submissions are sent to FINRA eliminating mail delivery time and are ready for immediate transmittal to the FBI.
- Image Quality – Electronic fingerprints offer lower illegibility rates than hard copy submissions, leading to fewer fingerprint transactions that need to be re-submitted for an individual.
- Cost – There are no postage fees to pay and lower FINRA fingerprint processing fees assessed for electronic fingerprint submissions. Typically, there are fewer fingerprint re-submissions required for an individual because of improved image quality which further reduces firms' costs.
Firms Responsibilities Regarding Fingerprinting
Details regarding the EFP Program and fingerprint processing may be viewed via the hyperlinks below.
- Electronic Fingerprint Submission (EFS) Program
- Web CRD Quick Reference Guide on Electronic Fingerprint Processing (EFP)
- Registration Statuses
- Fingerprint Statuses
- FBI Name Check (NMCK) for Illegible Fingerprints
- CRD Reports/Queues
- Fingerprint Fees
- Frequently Asked Questions
For questions, contact the Gateway Call Center:
- Broker-dealer firms: (301) 869-6699
- Funding portals: (301) 590-6500