Regulatory Notice 15-40

Broker-Dealer, Investment Adviser Firm, Agent and Investment Adviser Representative, and Branch Renewals for 2016

Payment Deadline: December 18, 2015

Executive Summary

The 2016 Renewal Program begins on November 16, 2015, when FINRA makes the online Preliminary Statements available to all firms on Web CRD/IARD.

Firms should note the following key dates in the renewal process:

October 26, 2015 Firms may begin submitting post-dated Form U5 and BR Closing/Withdrawal filings via Web CRD/IARD.
November 2, 2015 Firms may begin submitting post-dated Form BDW and ADV-W filings via Web CRD/IARD.

Please Note: Post-dated filings submitted by 11 p.m., Eastern Time (ET), November 13, 2015, do not appear on the firm’s Preliminary Statement. The only allowed date for post-dated filings is December 31, 2015.

November 16, 2015 Preliminary Statements are available on Web CRD/IARD.
December 18, 2015 Full payment of Preliminary Statements is due.
January 4, 2016 Final Statements are available on Web CRD/IARD.
January 15, 2016 Full payment of Final Statements is due.

FINRA advises FINRA-registered firms that failure to remit full payment of their Preliminary Statements to FINRA by December 18, 2015, may cause the firm to become ineligible to do business in the jurisdictions where it is registered, effective January 1, 2016. FINRAregistered firms will also be subject to a late fee if payment is not received by December 18, 2015.

In addition to this Notice, firms should review the renewal instructions, the IARD Renewal Program Bulletin (if applicable) on the Investment Adviser Registration Depository (IARD) website, and any information mailed to ensure continued eligibility to do business in 2016.

Please direct questions concerning this Notice to the FINRA Gateway Call Center at (301) 869-6699.