Election Notice – 9/8/17

FINRA Small Firm Advisory Board Election

Published Date:
Nomination Deadline: October 9, 2017

Executive Summary

The purpose of this Notice is to inform FINRA small firm members of the upcoming Small Firm Advisory Board (SFAB) election. Two full-term seats on the SFAB are up for election: a South Region seat and a Midwest Region seat. In addition, there is one partial-term vacancy for the North Region Representative seat.

The SFAB provides guidance to FINRA staff, particularly regarding the potential impact of proposed regulatory initiatives on FINRA’s small firms. The SFAB meets five times a year, primarily in Washington, DC, prior to each FINRA Board of Governors meeting. SFAB members are expected to attend SFAB meetings in-person, and may be requested to attend certain regional, district and other FINRA meetings. Potential candidates should ensure that their other commitments will allow for their in-person attendance at all SFAB meetings.

Any eligible candidate wishing to have his or her name added to the ballot must submit the relevant information via the candidate profile form to the Corporate Secretary of FINRA no later than Monday, October 9, 2017. The candidate profile form is available online at www.finra.org/notices/SFABElection/090817 and as an attachment to this Notice.

On or about Friday, October 20, 2017, FINRA will mail the official Election Notice and ballots to the executive representatives of small firms in the North, South and Midwest Regions. Voting will conclude in November 2017. The newly elected South and Midwest Region Representatives will take office in January 2018 and the North Region Representative elected to a partial term will take office immediately upon election.

Questions regarding this Election Notice may be directed to:

  • Jennifer Piorko Mitchell, Vice President – Corporate Governance and Deputy Corporate Secretary, at (202) 728-8949; or
  • Chip Jones, Senior Vice President, Member Relations, at (240) 386-4797.