Regulatory Notice 19-24

FINRA Encourages Firms to Notify FINRA if They Engage in Activities Related to Digital Assets

Summary

Last year, FINRA took several steps to engage with members regarding their current and planned activities relating to digital assets. These efforts included the issuance of Regulatory Notice 18-20, which encouraged firms to keep their Regulatory Coordinator informed if the firm, or its associated persons or affiliates, engaged, or intended to engage, in activities related to digital assets, including digital assets that are non-securities. Regulatory Notice 18-20 requested that firms provide these updates to Regulatory Coordinators until July 31, 2019. FINRA appreciates members’ cooperation over the past year and is encouraging firms to continue keeping their Regulatory Coordinators abreast of their activities related to digital assets until July 31, 2020.

Questions concerning this Notice may be directed to:

  • Kosha Dalal, Associate Vice President & Associate General Counsel, Office of General Counsel (OGC), at (202) 728-6903;
  • Racquel Russell, Associate General Counsel, OGC, at (202) 728-8363; or
  • Cara Bain, Assistant General Counsel, OGC, at (202) 728-8852.