Guidance

Exemptive relief is granted based on: the representation that at the time of the contribution the individual was not an MFP (as defined); the firm already has a significant business relationship with the government entity of which the contribution recipient was considered to be an issuer official; the firm has instituted information barriers on certain municipal business communications; the individual will be prohibited from the solicitation of certain new municipal business for a period of time.

FINRA's Enforcement Department is conducting a review of broker/dealers that provide Direct Market Access, Naked Access, Electronic Access or Sponsored Access ("DMA") to their customers.

Change to Expedited Proceedings for Failure to Comply with an Arbitration Award or Related Settlement

Exemptive relief is granted based on: the representation that at the time of the contribution the individual had no connection to the firm’s municipal securities business, and it was not contemplated that, at the time of the contribution, he would be promoted and, thus, become a municipal finance professional (as defined); the firm has significant and long standing business relationships with the government entity of which the contribution recipient was an issuer official; the firm has established additional compliance processes about political contributions; the individual will not be involved in any way in municipal securities business with the state or any other governmental issuer business for which the contribution recipient is an issuer official.

Changes to Customer Complaint Reporting Procedures Under NASD Rule 3070(c) and NYSE Rule 351(d)

New System for Processing Regulation T and SEA Rule 15c3-3 Extension of Time Requests

Obligation of Broker-Dealers to Conduct Reasonable Investigations in Regulation D Offerings

Securities Industry/Regulatory Council on Continuing Education Issues Firm Element Advisory Update

FINRA Reminds Firms of Responsibilities When Providing Customers with Consolidated Financial Account Reports

FINRA Issues Guidance on Master and Sub-Account Arrangements

Guidance on FAS 167 for FOCUS Reporting

FINRA Reminds Firms of Their Sales Practice Obligations With Reverse Exchangeable Securities (Reverse Convertibles)

Filing Requirements for Members that Carry Customer Margin Accounts; New Customer Margin Balance Form

Guidance on Blogs and Social Networking Web Sites

FINRA Reminds Firms of Their Responsibilities Under FINRA Rule 2330 for Recommended Purchases or Exchanges of Deferred Variable Annuities

FINRA Reminds Firms of Their Sales Practice Obligations Relating to Principal-Protected Notes

FINRA firms must have and enforce policies and procedures governing the withdrawal or transmittal of funds or other assets from customer accounts.

FINRA’s Enforcement Department is conducting an inquiry with respect to forex trading.

In 2009 FINRA conducted a voluntary firm survey to determine preparedness for a pandemic in light of current events involving influenza A (H1N1). This survey continues FINRA's efforts to assist firms with business continuity planning by facilitating the exchange of information.

Securities Industry/Regulatory Council on Continuing Education Issues Firm Element Advisory Update

FINRA Provides Guidance on Pandemic Preparedness