0190. Effective Date of Revocation, Cancellation, Expulsion, Suspension or Resignation
(a) A member shall be considered as a non-member of FINRA from the effective date of any order or notice from FINRA or the SEC issuing a revocation, cancellation, expulsion or suspension of its membership. In the case of suspension, a member shall be automatically reinstated to membership in FINRA at the termination of the suspension period.
(b) A member shall be considered as a non-member of FINRA from the date of acceptance by FINRA of any resignation of such member.
|
Adopted by SR-FINRA-2014-037 eff. Aug. 24, 2015. Selected Notice: 15-07. |