Notices

Trade Reporting Notice 1/14/26 (Wed, 14 Jan 2026)
Summary FINRA is reminding firms of upcoming updates to its equity trade reporting guidance in connection with enhancements to the FINRA equity trade reporting facilities to support reporting of fractional share quantities. Under the updated guidance, members engaged in fractional share trading will be required to report fractional share quantities up to six digits after the decimal. FINRA is also providing additional guidance for fractional share reporting in circumstances involving fractional amounts smaller than six decimals.
>> Read more

Regulatory Notice 26-02 (Thu, 08 Jan 2026)
Summary FINRA seeks comment on proposed rule modernization changes to further assist member firms in protecting customers from fraud and financial exploitation. Based on comments on Regulatory Notice 25-07, FINRA proposes amendments to FINRA Rules 4512 (Customer Account Information) and 2165 (Financial Exploitation of Specified Adults) and proposed Rule 2166 (Temporary Delays for Suspected Fraud). The rule text is available in Attachment A. Questions concerning this Notice should be directed to:
>> Read more

Regulatory Notice 26-01 (Fri, 02 Jan 2026)
Summary FINRA's Renewal Program facilitates the collection and disbursement of fees for broker-dealer (BD) and investment adviser (IA) registrations, exempt reporting, and notice filings with participating self-regulatory organizations (SROs) and jurisdictions. In November, FINRA issued Preliminary Statements announcing estimated renewal fees. Final Statements are now available to confirm or reconcile actual renewal fees owed as of January 1, 2026.
>> Read more

Regulatory Notice 25-19 (Tue, 29 Dec 2026)
Summary FINRA is amending the Annual Reports Extension of Time Request Policy to update the information required from firms and their auditors when making extension requests. In connection with this update, the related interpretation to SEA Rule 17a-5(m)(1) in the Interpretations of the SEC’s Financial and Operational Rules is rescinded.
>> Read more

Investors in the United States: Key Trends and Insights from the National Financial Capability Study (Tue, 06 Jan 2026)
The FINRA Investor Education Foundation’s National Financial Capability Study is an expansive source of data and insights about the financial lives of U.S. adults. Conducted every three years, this wide-ranging research effort includes the Investor Survey, an in-depth exploration of the attitudes, behaviors, knowledge and experiences of retail investors across the country. In December, the FINRA Foundation published the latest iteration of the survey, titled "Investors in the United States: Results from the FINRA Foundation’s National Financial Capability Study." Drawing on responses from nearly 3,000 respondents in the U.S. with non-retirement investment accounts, the latest edition builds on previous Investor Survey reports, conducted every three years since 2015. On this episode of FINRA Unscripted, FINRA Foundation President Gerri Walsh, the Foundation's Research Director Gary Mottola, and Senior Researcher Olivia Valdes discuss the study's wide-ranging findings and implications. Resources mentioned in this episode: The National Financial Capability Study (NFCS) Investors in the United States A Report of the National Financial Capability Study State-by-State NFCS Investing Knowledge Quiz Ep. 176: National Financial Capability Study: Key Trends and Insights You Know More Than You Think: Unrealized Knowledge in “Don’t Know” Responses to Financial Knowledge Questions 2026 FINRA Annual Regulatory Oversight Report BrokerCheck Social Media Key Topics Page Find us:  LinkedIn / X / YouTube / Facebook / Instagram / E-mail Subscribe to our show on Apple Podcasts, Google Play and by RSS.
>> Read more

Navigating the 2026 Regulatory Oversight Report: Key Insights from FINRA Leadership (Tue, 09 Dec 2025)
The Annual Regulatory Oversight Report is one of FINRA’s most valued resources for member firms—and this year, we're publishing it earlier than ever in response to member feedback. The 2026 Report features insights on cyber-enabled fraud, senior investor protection, generative AI, and much more. It also reflects our FINRA Forward commitment to empowering member firm compliance by sharing intelligence from across our Regulatory Operations. This episode features four FINRA leaders: Ornella Bergeron, Senior Vice President, Risk Monitoring, and Acting Head of Member Supervision; Bill St. Louis, Executive Vice President and Head of Enforcement; Feral Talib, Executive Vice President and Head of Market Oversight; and Bryan Smith, Senior Vice President and Acting Head of Strategic Intelligence. They discuss takeaways from the report, and how firms can leverage its effective practices and research to strengthen their compliance programs. Resources mentioned in this episode: 2026 Regulatory Oversight Report FINRA Forward FINRA Crypto and Blockchain Education Program Blog Post: FINRA Forward’s Rule Modernization—An Update Blog Post: Vendors, Intelligence Sharing and FINRA’s Mission Blog Post: FINRA Forward Initiatives to Support Members, Markets and the Investors They Serve SEC Regulation Best Interest (Reg BI) 5310. Best Execution and Interpositioning Ep. 168: Investing Wisely in 2025: Avoiding Scams and Achieving Your Financial Goals Ep. 173: Vendor Vigilance: Navigating Third-Party Risk Ep. 177: Previewing FINRA’s Crypto and Blockchain Education Program Ep. 180: Building Cybersecurity Resilience Through FINRA Forward Find us:  LinkedIn / X / YouTube / Facebook / Instagram / E-mail Subscribe to our show on Apple Podcasts, Google Play and by RSS.
>> Read more