Notices

Regulatory Notice 25-18 (Tue, 09 Dec 2025)
Summary  FINRA has adopted amendments to its Codes of Arbitration Procedure (Codes) to accelerate the processing of arbitration proceedings for parties who qualify based on their age or health condition. The amendments add new Rules 12808 and 13808 (Accelerated Processing) to the Codes, and are effective for arbitration cases filed on or after March 30, 2026. The text of the rule change is set forth in Attachment A.  Questions concerning this Notice should be directed to: 
>> Read more

Regulatory Notice 25-17 (Thu, 04 Dec 2025)
Summary FINRA has amended its TRACE reporting requirements to permit a firm that is both a broker-dealer and an investment adviser to report allocations of specified orders to managed customer accounts in a streamlined, aggregated manner. These amendments will take effect on June 8, 2026. FINRA is not otherwise changing its TRACE reporting requirements.  The rule text is available in the online FINRA manual.  Questions regarding this Notice may be directed to:
>> Read more

Regulatory Notice 25-16 (Tue, 18 Nov 2025)
Summary FINRA has amended its Codes of Arbitration Procedure (Codes) to better balance the process for generating the list of public arbitrators sent to the parties in certain customer and industry disputes that have a three-arbitrator panel. In addition, FINRA has made ministerial Code changes to codify certain current practices; establish new timeframes for certain actions; and align provisions of the Codes related to expungement of customer dispute information. The amendments become effective January 26, 2026.
>> Read more

Information Notice 11/17/25 (Mon, 17 Nov 2025)
Summary The national options exchanges are closing at 1:00 p.m. Eastern Time (ET) on Friday, November 28, 2025 (the Friday after Thanksgiving), which will modify the exercise cut-off time for expiring options.
>> 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

Making Your Voice Heard Through FINRA Member Engagement (Tue, 02 Dec 2025)
As a self-regulatory organization, engagement with member firms is vital to FINRA’s success. On this episode, we highlight engagement opportunities, provide insight into how FINRA is listening and taking action on what we're hearing, and encourage even more listeners to get actively involved in FINRA's outreach. FINRA Senior Vice President Kayte Toczylowski is joined by two current FINRA regional committee members: Serving on FINRA's Midwest regional committee, Margaret Dubil, Director of Surveillance for Stifel, Nicolaus & Company, and Stifel Independent Advisors; and serving on the New York regional committee, Peter Garcia, Head of Business Development and Controls at Rabobank and Officer of Rabo Securities USA, Rabobank's U.S. broker- dealer. The two provide firsthand experience on engaging with FINRA. Resources mentioned in this episode: FINRA Forward FINRA Crypto and Blockchain Education Program Blog Post: FINRA Forward’s Rule Modernization—An Update Blog Post: FINRA Forward Initiatives to Support Members, Markets and the Investors They Serve FINRA Conferences and Events 2025 Involvement and Election Process Overview FINRA Engagement Portal FINRA Advisory Committees Find us:  LinkedIn / X / YouTube / Facebook / Instagram / E-mail Subscribe to our show on Apple Podcasts, Google Play and by RSS.
>> Read more