Regulatory Notice 14-44

Broker-Dealer, Investment Adviser Firm, Agent and Investment Adviser Representative, and Branch Renewals for 2015

Payment Deadline: December 12, 2014

 

Executive Summary

The 2015 Renewal Program begins on November 10, 2014, when FINRA makes the online Preliminary Renewal Statements available to all firms on Web CRD/IARD.

 

Firms should note the following key dates in the renewal process:

 

October 27, 2014

Firms may begin submitting post-dated Form U5 and BR Closing/Withdrawal filings via Web CRD/IARD.

November 1, 2014

Firms may begin submitting post-dated Form BDW and ADV-W filings via Web CRD/IARD.

 

Please Note: Post-dated filings submitted by 11 p.m., Eastern Time (ET), November 7, 2014, do not appear on the firm’s Preliminary Renewal Statement. The only allowed date for post-dated termination filings is December 31, 2014.

November 10, 2014

Preliminary Renewal Statements are available on Web CRD/IARD.

December 12, 2014

Full payment of Preliminary Renewal Statements is due.

January 2, 2015

Final Renewal Statements are available on Web CRD/IARD.

January 16, 2015

Full payment of Final Renewal Statements is due.

 

FINRA advises FINRA-registered firms that failure to remit full payment of their Preliminary Renewal Statements to FINRA by December 12, 2014, may cause the firm to become ineligible to do business in the jurisdictions where it is registered, effective January 1, 2015. FINRA-registered firms will also be subject to a late fee if payment is not received by this deadline.

 

In addition to this Notice, firms should review the renewal instructions, the IARD Renewal Program Bulletin (if applicable) on the Investment Adviser Registration Depository (IARD) website, and any information mailed to ensure continued eligibility to do business as of January 1, 2015.

 

Please direct questions concerning this Notice to the FINRA Gateway Call Center at (301) 869-6699.