Notices

Information Notice - 7/12/24 (Fri, 12 Jul 2024)
Summary FINRA is providing information in this Notice to remind registered persons and firms of the continuing education (CE) requirements, including:
>> Read more

Information Notice - 7/1/24 (Mon, 01 Jul 2024)
FINRA is issuing this Information Notice to remind members of the role of the Cross-Market Regulation Working Group (CMRWG), which was established under the U.S. Subgroup of the Intermarket Surveillance Group (ISG), to focus on ways to reduce unnecessary regulatory duplication. Please see the attached ISG CMRWG Regulatory Memorandum 2024-01 (“Notice”) that was issued by the Participants of the ISG CMRWG. Questions concerning this Notice should be directed to CMRWG@finra.org. 
>> Read more

Regulatory Notice 24-09 (Thu, 27 Jun 2024)
Summary Artificial intelligence (AI), including large language models (LLMs) and other generative AI (Gen AI) tools, present promising opportunities for member firms to enhance their products and services for investors and achieve operational and compliance efficiencies. As member firms incorporate the use of Gen AI or similar tools into their businesses, they should be mindful of the potential implications for their regulatory obligations.
>> Read more

Information Notice 06/18/24 (Tue, 18 Jun 2024)
FINRA is advising member firms that the Options Clearing Corporation has issued the June 2024 Options Disclosure Document (ODD). The ODD contains general disclosures on the characteristics and risks of trading standardized options. The June 2024 ODD contains new language to update (i) the list of options markets to include MEMX, LLC and (ii) settlement information to reflect T+1 settlement.
>> Read more

An Update on FINRA’s Crypto Asset Work and the Crypto Hub (Tue, 23 Jul 2024)
Last summer, we introduced listeners to FINRA’ Crypto Hub and enterprise-wide strategy for keeping up with the evolving crypto asset regulatory landscape. A year later, this remains an important area of focus for investors, the industry and FINRA.  On this episode, Jamie Udinson, senior director of the Cyber and Analytics Unit, Michael Yuan, a director with FINRA’s Risk Monitoring program, and Jason Stralka, an examination manager with the Exam program, join us to provide an update on FINRA’s crypto asset work, to dig into the results of a recent survey of member firms regarding their crypto-asset touchpoints, to tell us about the new spot Bitcoin ETP market and more. Resources mentioned in this episode: 2024 Regulatory Oversight Report: Crypt Asset Developments Crypto Assets Key Topic Page Episode 136: An Introduction to FINRA’s Crypto Asset Work and the Crypto Hub Episode 137: The Crucial Role of FINRA’s CAI Team Episode 138: FINRA’s Blockchain Lab Episode 145: An Update on FINRA’s Crypt Asset Targeted Exam Find us:  X / Facebook / LinkedIn / E-mail
>> Read more

Financial Intelligence Unit: Connecting the Industry with Actionable Information (Tue, 09 Jul 2024)
FINRA's Financial Intelligence Unit acts as a nerve center for information on emerging threats impacting the financial industry with the aim of providing actionable intelligence to firms, other regulators and law-enforcement to keep investors safe.  On this episode, Blake Snyder, senior director of FIU, joins us to share how the group has grown and matured over the last few years and how they are evolving the way they share information, including through the introduction of the new Threat Intelligence Products, or TIPs. Resources mentioned in this episode: Episode 33: AML in the Securities Industry Episode 86: Introducing FIU TIP: Protecting Vulnerable Adult and Senior Investors Investor Insight: Pig Butchering Scams Investor Insight: Ramp-and-Dump Scams Regulatory Notice 22-25 National Cyber-Forensics and Training Alliance (NCFTA) Infraguard FIU@finra.org Find us:  X / Facebook / LinkedIn / E-mail
>> Read more