Updated Consolidated Agreement and New Agreement Amendment to Access FINRA Transparency Facilities

Posted: April 19, 2013

Updated Consolidated Agreement and New Agreement Amendment to Access FINRA Transparency Facilities

FINRA has updated its equities and fixed income transparency services participant agreement and has also created an amendment to the agreement.

The revised replaces the existing FPA. Firms that currently have an FPA with FINRA must use the to add a new FINRA product, delete an existing product or update their billing information.

Pursuant to the terms of the individual participation agreements, posting of the revised FPA serves as notice of this change. The modified FPA will become effective 90 days after the posting of this notice. Participants will have 30 days after that effective date to opt out of the agreement or will in turn be deemed to have agreed to and accepted the revised FPA.