Many firms will, from time to time, seek to expand or change their business. However, broker-dealer firms must file a Form BD amendment and/or a Continuing Membership Application (CMA) before making certain changes. Below are resources to help firms understand when and how to file an update.
When To File An Update
Learn what forms a firm must file, what makes a change material, when safe
Resource Page for the SEC’s July 2013 Financial Responsibility Rule Amendments
Representatives of broker-dealers, investment advisers or issuers of securities must be registered with the appropriate jurisdictions and/or self-regulatory organizations (SROs).
FINRA Announces Nomination Process to Fill Upcoming Vacancies on the National Adjudicatory Council
SEC Approves FINRA Rule 2081 Regarding Prohibited Conditions Relating to Expungement of Customer Dispute Information
Proposed Rule Change to Revise the Series 23 Examination Program
Proposed Rule Change to Revise the Series 24 Examination Program
FINRA Rule 1017 requires member firms file a Continuing Membership Application (CMA) with FINRA's Membership Application Program (MAP) Group prior to implementing any material changes to the firm.
Membership Application Time Frames
