Regulatory Notice 07-52

SEC Approves FINRA Membership Waive-In Process for Certain NYSE Member Organizations

Effective Date: October 12, 2007

The SEC has approved NASD IM-1013-1, which establishes a waive-in application process for FINRA membership for certain NYSE-only member organizations that must become FINRA members as a result of NYSE’s new mandatory FINRA membership requirement. The SEC also approved a membership application fee waiver for firms that become FINRA members pursuant to NASD IM-1013-1.

Questions concerning this Notice should be directed to:

  • Gary L. Goldsholle, Vice President and Associate General Counsel, Office of General Counsel (OGC), at (202) 728-8104;
  • Philip A. Shaikun, Associate Vice President and Associate General Counsel, OGC, at (202) 728-8451;
  • JeffreyM. Pasquerella, Deputy District Director, District 10, at (212) 858-4163;
  • or Erika L. Lazar, Senior Attorney, OGC, at (212) 656-4591.