Firms are required annually to renew their FINRA, other self-regulatory organization (SRO) and state/jurisdiction registrations through the annual Renewal Program, which begins in the fourth quarter of each year. FINRA collects all applicable renewal fees on behalf of itself and participating regulators, which enables firms to submit their total renewal payment to FINRA instead of each regulator.
Your firm must pay all applicable renewal fees assessed on its Preliminary Statement for the firm, branch offices and associated individuals to ensure continued eligibility to do business in the coming year. Renewal statements will only be accessible through E-Bill. Renewal reports will be available through Web CRD/IARD for reconciliation purposes.
Firms must use their Renewal Accounts to pay their annual renewal fees. Beginning on the renewal payment deadlines, FINRA will transfer funds from a firm’s Flex-Funding Account to its Renewal Account if the firm has sufficient funds to cover their total assessment.
FINRA communicates important dates and information with firms via email throughout the Renewal Program. To ensure your firm receives email messages from FINRA, please visit our Subscriptions Help page and add the finra.org domain to your email application’s safe-sender list.
To successfully complete the renewal process, firms must perform the following actions:
|ASAP||Review the 2019 Annual Renewal Program Calendar
Firms should review the 2019 Renewal Calendar for payment and filing deadlines. It also covers the availability of Web CRD/IARD during year-end renewal processing.
|October 31||Read the 2019 Renewal Program – Preliminary Statement Regulatory Notice
Read this Regulatory Notice for detailed information about how to renew for 2019.
|November 12||Retrieve Your Firm’s Preliminary Statement
Beginning November 12, 2018, firms can view, print and pay their Preliminary Statements by logging onto E-Bill. Firms can also retrieve their renewal reports through Web CRD/IARD.
|December 17||Pay Your Firm’s Preliminary Statement
Payment Deadline: December 17, 2018. Review the Renewal Program Payment Options for detailed information. FINRA recommends using E-Bill to pay your Preliminary Statement. If you use other means, submit your payment with sufficient time to allow for mail delivery and/or payment processing to post to your Renewal Account by the deadline. FINRA-registered firms that do not have payment posted by the deadline may be assessed a Renewal Late Fee.
|January 2||Retrieve Your Firm’s Final Renewal Statement
Beginning January 2, 2019, firms can review and pay Final Statements by logging onto E-Bill. Firms can also retrieve their renewal reports through Web CRD/IARD. You should review the statement for accuracy and keep a copy of the renewal reports for your records. Historical statements are available through E-Bill. The 2019 Renewal Program - Final Statement Regulatory Notice provides detailed information.
|January 21||Reconcile or Pay Your Final Statement
Report in writing to FINRA any discrepancies you find on your Final Statement. FINRA must receive this by January 21, 2019. This is also the deadline date for which FINRA must receive payment if there is a balance due on your firm’s Final Statement.