Web EFT Frequently Asked Questions
TO: All NASD Members and Interested Persons
ATTN: Registration, Training and Compliance Personnel
During the above period, the NASD will install and test new software for its qualification examination delivery system in the PLATO network. In order to preclude the possibility of disruptions during candidate testing sessions as this new software is installed, all Control Data Learning Centers
As previously communicated, beginning Monday, January 13, 2025, FINRA will require Multi Factor Authentication (MFA) for access to all production API reference data files. Beginning on January 13, 2025, FINRA will no longer support the use of digital certificates to access the Reference data API and only MFA access will be supported. Failure to use MFA starting on that date
Background
FINRA is pleased to announce a new centralized, secure file transfer platform called fileX, which enables firms to programmatically send, track and receive files in one place. fileX significantly streamlines the process for submitting bulk filings to FINRA, provides additional options for downloading files from FINRA, and allows for seamless and secure authentication and authorization
On December 31, 2025, FINRA will discontinue the use of SMS and voice call as multi-factor authentication (MFA) methods for access to TRAQS and API Reference Data files.
New Criteria and Process for Candidates Whose Primary Language Is Not English to Receive Additional Time to Complete a Qualification Examination or Continuing Education Session
FINRA has delayed the implementation of the bandwidth increase rate for the Trade Data Dissemination Service 2.1 (TDDS 2.1) vendor feed. The bandwidth is scheduled to increase from 2,500 kilobits per second (Kbps) to 3,000 kilobits per second (Kbps).
The original date for this implementation was July 24, 2023. FINRA has also cancelled the June 10, 2023 User Acceptance Test. FINRA will issue new
FINRA employs advanced technology to monitor the markets and regulated firms. Our systems help firms comply with applicable regulations.Advertising Regulation Electronic Files (AREF)Annual ReportsBlue SheetsCustomer Margin Balance ReportingDerivatives and Other Off-Balance Sheet Items Schedule (OBS)Distribution ManagereFOCUSFINRA Contact SystemFINRA Firm Clearing Arrangements FilingFINRA Rule
Background
FINRA is pleased to announce a new centralized, secure file transfer platform called fileX, which enables firms to programmatically send, track and receive files in one place. fileX significantly streamlines the process for submitting bulk filings to FINRA, provides additional options for downloading files from FINRA, and allows for seamless and secure authentication and authorization
In accordance with the industry-led initiative to shorten the settlement cycle from two business days (T+2) to one business day (T+1), FINRA will sponsor two production User Acceptance Tests (UAT) to allow clients to test the changes for T+1 Settlement for the Over-The-Counter Reporting Facility (ORF) and the Alternative Display Facility (ADF). These tests will occur on Saturday, May 4, 2024, and
