Guidance
• Regulatory Notice
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Education and Compliance Programs
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Submit Payment Before Dec. 11 for 2024 Renewal Program Preliminary Statements
Firms are required to renew their registrations with FINRA, other self-regulatory organizations (SROs) and states/jurisdictions during the Annual Renewal Program. Preliminary Statements and reports for the 2024 Renewal Program are available in FINRA systems, and full payment must be posted by Monday, Dec. 11. Ensure your firm’s obligations are addressed by the appropriate deadlines.
For more information, consult the Annual Renewal Program page.
| | Guidance FINRA to Discontinue Collection of INSITE Data From Clearing Firms
FINRA’s Regulatory Notice 23-17 has informed members that FINRA is discontinuing collection of data under Rule 4540, effective November 30, 2023. The data collected under Rule 4540 has been used in the Integrated National Surveillance and Information Technology Enhancements program (INSITE). The decision to discontinue the collection of this data is based on the availability of alternative sources that were not available when INSITE was developed and that have enhanced FINRA’s ability to assess risk. Questions should be directed to: Demetrios (J) Koutros, Vice President, Member Supervision Operations, Procedures and Standards, at (646) 315-8509 or [email protected].
Additional Note: Two related Reports based on INSITE data will also be retired from the FINRA Report Center, effective November 30, 2023: Customer Debits, and Canceled and As-Of and Trades. Past reports will remain available for three years.
FINRA’s latest Information Notice provides information to remind registered persons and firms of the new requirements regarding the Continuing Education (CE) Firm Element, including: the extension of the completion requirement to all registered persons; the other required training that can satisfy an individual’s Firm Element obligation; and the revision of the minimum Firm Element training criteria.
| | Education and Compliance Programs On Thursday, December 7, 2023 the Municipal Securities Rulemaking Board (MSRB), the U.S. Securities and Exchange Commission (SEC), and FINRA will host the virtual 2023 Joint Compliance Outreach Program for Municipal Advisors and Municipal Dealers. This free webcast will provide market professionals an opportunity to hear from SEC, MSRB and FINRA staff on regulatory and compliance matters. Register to attend!
Registration is now open for FINRA’s Compliance Workshops focusing on cybersecurity taking place virtually on November 30 and December 6 from 2 p.m. – 4 p.m. ET. Join us on November 30 for a virtual Workshop focusing on Vendor Risk Management, or on December 6 for a virtual Workshop focused on Incident Management. These new virtual Compliance Workshops are designed to provide industry practitioners the opportunity to learn from and engage with FINRA staff and subject matter experts and peers in a small group setting. Space is limited and registration is open to FINRA member firms only.
Register for all of FINRA’s upcoming events: - FINRA Institute at Georgetown Certified Regulatory and Compliance Professional® Program | Washington DC
- Week II | Nov. 12-17, 2023 – Waitlist Available
- Week I | July 14-19, 2024
- Compliance Workshop - Cybersecurity
- 2024 Cybersecurity Conference | Feb. 6 | New York, NY | Hybrid Event
- 2024 Annual Conference | May 14-16 | Washington, DC | Hybrid Event
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