The CRD/IARD system shuts down for the year at 6 pm on December 26. Firms should ensure that they perform the following activities before the shutdown occurs:

FINRA-registered firms should ensure payment is received and posted to your account by this day. Money can be deposited directly into your firm’s Renewal Account, or firms may rely on FINRA to transfer the money from your firm's Flex-Funding Account that begins December 14. In order to take advantage of this transfer, the complete amount due for renewals must be available in your firm’s Flex-Funding account. See the Renewal Payment Options page for more information.

Preliminary Statements are available in E-Bill beginning November 16. Many firms find it convenient to submit or schedule their payment while logged in to E-Bill to retrieve the statement. Preliminary Statement reports are also available in CRD/IARD. Be sure to save or print these reports before Final Statements are generated as they cannot be recreated once Final Statement is created.

Starting October 19, firms can submit Forms U5 and BR Termination filings with a termination date of December 31. Submitting these filings allows firms to request termination of registrations in advance.  Registrations terminated through these post-dated filings before Preliminary Statements are generated will not be included for renewals.

Starting November 1, firms can initiate Forms BDW and ADV-W filings with a termination date of December 31. Submitting these filings allows firms to request termination of registrations in advance.  Registrations terminated through these post-dated filings before Preliminary Statements are generated will not be included for renewals.

Rule Filing Status:  Filed for Immediate Effectiveness

Rule change to extend the current pilot program related to FINRA Rule 11892 (Clearly Erroneous Transactions in Exchange-Listed Securities) (“Clearly Erroneous Transaction Pilot” or “Pilot”) until April 20, 2021.