FINRA Small Firm Advisory Board Election

The purpose of this Notice is to inform FINRA small firm members of the upcoming Small Firm Advisory Board (SFAB) election. Two seats on the SFAB are up for election: the North Region and West Region seats.

The SFAB provides guidance to FINRA staff, particularly regarding the potential impact of proposed regulatory initiatives on FINRA’s small firms, and meets five times a year in Washington, DC, prior to each FINRA Board of Governors meeting. SFAB members are expected to attend SFAB meetings in person, and may be requested to attend certain regional, district and other FINRA meetings. Potential candidates should ensure that their other commitments will allow for in-person attendance at all SFAB meetings.

Any eligible candidate wishing to have their name added to the ballot must submit the relevant information via a candidate profile form to the Corporate Secretary of FINRA by Friday, October 2, 2009. The candidate profile form is available online at www.finra.org/notices/election/090409 and as an attachment to this Notice.

On or about Friday, October 23, 2009, FINRA will mail the official Election Notice and ballots to the executive representatives of small firms in the North and West Regions to elect the two regional members of the SFAB.

Voting will conclude in November 2009 and new members will take office in January 2010.

Questions regarding this Election Notice may be directed to:

• Marcia E. Asquith, Senior Vice President and Corporate Secretary, at (202) 728-8949;
• T. Grant Callery, Executive Vice President and General Counsel (Corporate), at (202) 728-8285; or
• Chip Jones, Senior Vice President,Member Relations, at (240) 386-4797.