FINRA Small Firm Advisory Board Election

The purpose of this Notice is to inform FINRA Small Firm members of the upcoming Small Firm Advisory Board (SFAB) election. Two seats on the SFAB are up for election: the Midwest and South Region seats.

The SFAB provides guidance to FINRA staff, particularly regarding the potential impact of proposed regulatory initiatives on FINRA’s small firms, and 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 their name added to the ballot must submit the relevant information via the candidate profile form to the Corporate Secretary of FINRA no later than Friday, October 7, 2011. The candidate profile form is available online at www.finra.org/Notices/SFABElection/090711 and as an attachment to this Notice.

On or about Wednesday, October 19, 2011, FINRA will mail the official Election Notice and ballots to the executive representatives of small firms in the Midwest and South Regions to elect their regional representatives on the SFAB. Voting will conclude in November 2011 and new members will take office in January 2012.