FINRA Quarterly Regulatory Policy Agenda

The quarterly regulatory policy agenda includes the four tables below: 

• Current Priorities: FINRA’s current priorities for significant regulatory policy initiatives. (Priorities and timelines are subject to change.)
• Active Rule Filings: FINRA rule proposals that have been filed with the SEC and are pending SEC action.
• Approved or Immediately Effective Rule Filings: FINRA rule proposals that have been approved by the SEC or filed for immediate effectiveness with the SEC within the last 12 months.
• Other Completed Significant Regulatory Policy Measures: Significant regulatory policy measures other than rulemaking that have been completed within the last 12 months, such as guidance published in a Regulatory Notice or policy-related FAQs.

The agenda comprises FINRA rulemaking as well as significant policy priorities and measures that do not entail rulemaking, such as official guidance and FAQs. For up-to-date information on key dates and milestones for recent rule filings, please visit FINRA’s Rule Filing Status Report. A comprehensive list of rule filings is also available here.

FINRA Rulemaking Process: FINRA is a not-for-profit, self-regulatory organization dedicated to investor protection and market integrity. Consistent with its mission, FINRA adopts and interprets rules governing the conduct of FINRA member firms and their associated persons across diverse regulatory areas, including sales practices, communications with the public, transactions with customers, trading activities, and corporate finance. FINRA’s website includes additional information on its Rulemaking Process.

Advisory Committee Review and Board Approval: FINRA’s process for rule development is participatory, with broad input from the public, industry members, trade associations, and other regulators. In addition, FINRA leverages the expertise of its advisory committees, which provide feedback on rule proposals, regulatory initiatives, and industry issues. FINRA staff reflects the views of advisory committees when presenting rule proposals to FINRA’s Board of Governors for approval. FINRA publishes updates and news releases regarding FINRA Board meetings.

SEC Review: Following the Board’s approval of a new FINRA proposed rule change, FINRA staff may prepare and file the proposed change directly with the SEC or may first publish it in a Regulatory Notice soliciting further comment before filing. However, all proposed rule changes are ultimately filed with the SEC pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act“) and are published by the SEC for comment in the Federal Register. Depending on the nature of the proposed rule change, it may be filed for approval by the SEC under Section 19(b)(2) of the Act (in which case, the SEC generally has up to 240 days from the date of publication in the Federal Register to approve or disapprove the filing), or for immediate effectiveness under Section 19(b)(3)(A) of the Act. FINRA typically issues a Regulatory Notice announcing SEC approval of a rule change.

See previous editions on the Regulatory Policy Agenda Archive page.

October 2026

Publication date: October 12, 2026