COVID-19 / Coronavirus
FINRA recognizes the significant impacts that the spread of coronavirus disease (COVID-19) may have on member firms, investors and other stakeholders.
FINRA is committed to providing guidance, updates and other information to help stakeholders stay informed about the latest developments. New information will be posted on this page as it becomes available.
Due to the COVID-19 outbreak, most FINRA staff are working remotely. FINRA remains fully operational through the support of our robust remote work capabilities and continues to carry out all of our regulatory responsibilities, protecting investors and market integrity.
Regulatory Operations and Guidance
Find guidance regarding pandemic-related business continuity planning, cybersecurity measures to consider and regulatory relief.
FINRA is providing temporary relief for member firms from rules and requirements in the Coronavirus FAQ.
The SEC is providing assistance to various classes of market participants and certain specific entities including relief and guidance.
FINRA is postponing all in-person arbitration and mediation proceedings. In addition, the OHO has postponed hearings of Disciplinary Proceedings.
View FINRA's updates about remote exams, the availability of Prometric test centers and any extensions for exam enrollment windows.
FINRA is providing a temporary extension of time for submission of fingerprint information under Rule 1010(d).
Pursuant to SR-FINRA-2020-015, and as extended by SR-FINRA-2020-017 and SR-FINRA-2020-022, FINRA has temporarily amended certain timing, method of service and other procedural requirements in FINRA Rules 1012, 1015, 6490, 9132, 9133, 9146, 9321, 9341, 9349, 9351, 9522, 9524, 9525, 9559 and 9630. These temporary amendments are effective from May 8, 2020, through to a date to be specified in a public notice issued by FINRA, which date will be at least two weeks from the date of the notice, and no later than December 31, 2020, pending any future extensions.
Pursuant to SR-FINRA-2020-019, FINRA has adopted temporary Supplementary Material .16 (Temporary Extension of Time to Complete Office Inspections) under FINRA Rule 3110 (Supervision) that would extend the time by which member firms must complete their calendar year 2020 inspection obligations under Rule 3110(c) (Internal Inspections) to March 31, 2021.
Pre-filing meetings and membership interviews for new and continuing membership applications will be conducted via video conference. FINRA will grant a courtesy extension on new or continuing membership applications, if needed.
Impact on FINRA Events & Conferences
The health and well-being of our employees and stakeholders is a top priority for FINRA. Therefore, FINRA is canceling or postponing several of our upcoming events.
COVID Fraud Task Force
FINRA formed a COVID Fraud Task Force in March 2020 to establish a coordinated response across the organization to potential COVID-related fraud in the broker-dealer industry and in U.S. markets. The task force – a collaborative effort headed by Executive Vice President Greg Ruppert – manages a centralized repository of intelligence gathered from and accessed across the organization to help ensure efficiency and maximum coordination.
COVID-19 Early Withdrawals
FINRA, NASAA, and the staff of the SEC’s Office of Investor Education and Advocacy have joined together to provide this warning to investors about promoters targeting retirement accounts, as well as to provide a few key considerations for investors thinking of using 401(k) withdrawals or loans to purchase securities.
Fraud and Your Investment Accounts During COVID-19 Pandemic
The COVID-19 pandemic is affecting most aspects of our society and daily lives, as well as the U.S. economy and markets. Events with such profound impact routinely create opportunities for financial fraud. This article highlights four common scams to look out for.
Financial Peace of Mind in the Age of Coronavirus
When it feels like so many things are out of our control, sometimes the best thing to do is focus on the things that are. Here are five questions to ask for some financial peace of mind in the age of coronavirus.
Fraud and Coronavirus (COVID-19)
Fraudulent schemes related to the coronavirus (COVID-19) pandemic have arrived, and they are coming in many forms, from investment fraud to fake CDC emails to phishing scams.
State “Shelter-in-Place” and “Stay-at-Home” Orders
To aid member firms, FINRA is providing a list of state orders that impose workplace restrictions in response to the COVID-19 pandemic. Many of the orders list financial institutions as "essential" businesses and permit critical on site functions to continue, subject to limitations.