Notices

Regulatory Notice 26-22

Regulatory Notice 26-22 — Oct 29, 2026

Summary

FINRA’s Renewal Program facilitates the collection and disbursement of fees for broker-dealer (BD) and investment adviser (IA) registrations, exempt reporting, and notice filings with participating self-regulatory organizations (SROs) and jurisdictions. The program operates through two key statements:

Regulatory Notice 26-21

Regulatory Notice 26-21 — Oct 26, 2026

Summary

FINRA has adopted amendments to its rules and updated its interpretations to address binary options. The amendments to Rules 2220 (Options Communications), 2360 (Options), and 4210 (Margin Requirements) clarify the application of the rules to binary options, including options whose payout is based on the value of an issuer’s reported financial or operating metrics and options cleared by a registered clearing agency other than The Options Clearing Corporation (OCC).

Regulatory Notice 26-20

Regulatory Notice 26-20 — Oct 26, 2026

Summary

FINRA has adopted new Rule 3290 (Outside Activities Requirements) to replace Rules 3270 (Outside Business Activities of Registered Persons) and 3280 (Private Securities Transactions of an Associated Person). Rule 3290 consolidates and streamlines the requirements governing registered persons’ outside activities and associated persons' outside securities transactions.

The effective date of Rule 3290 is October 25, 2027.

Regulatory Notice 26-19

Regulatory Notice 26-19 — Oct 21, 2026

Summary

FINRA has amended Rules 5110 (Corporate Financing Rule – Underwriting Terms and Arrangements) and 5123 (Private Placements of Securities) to make substantive, organizational and terminology changes to the rules.¹ These amendments simplify and clarify rule provisions while maintaining important protections for market participants, including issuers and investors participating in public offerings.

Election Notice – 10/20/26

Election Notice – 10/20/26 — Oct 20, 2026

Summary

FINRA is seeking candidates to fill vacancies on the Small Firm Advisory Committee (SFAC). Two seats will be up for election, one representing the Midwest region and one representing the South region. Eligible individuals from small firms¹ interested in serving on the SFAC must submit a Candidate Profile Form to FINRA's Corporate Secretary via email by November 19, 2026.

Election Notice – 10/20/26

Election Notice – 10/20/26 — Oct 20, 2026

Summary

FINRA is seeking candidates to fill vacancies on its Regional Committees. The South and West regions each have six vacancies, and the Midwest, North and New York regions each have four vacancies. Eligible individuals interested in serving on a Regional Committee must submit a Candidate Profile Form to FINRA's Corporate Secretary by November 19, 2026.

Regulatory Notice 26-18

Regulatory Notice 26-18 — Oct 14, 2026

Summary

FINRA has adopted amendments to Rule 1210.06 (Waiting Periods for Retaking a Failed Examination) that shorten the retake waiting periods for FINRA qualification examinations from 30 calendar days to 15 calendar days after the first and second failed attempts, and from 180 calendar days to 60 calendar days after the third and any subsequent failed attempts within a two-year period. The amendments will become effective on January 19, 2027.

Regulatory Notice 26-17

Regulatory Notice 26-17 — Oct 09, 2026

Summary

FINRA has adopted amendments to FINRA Rule 4515.01 (Allocations of Orders Made by Investment Advisers) to eliminate the requirement that a principal review and approve allocations of bulk investment adviser orders received after trade date. The amendments preserve investor protections while removing unnecessary burdens in light of technological advances in the processing of allocations. The amendments will become effective on November 16, 2026.

Election Notice - 10/5/2026

Election Notice - 10/5/2026 — Oct 05, 2026

The purpose of this Election Notice is to notify members of an upcoming election to fill one small firm seat on the National Adjudicatory Council (NAC) and to announce the start of a 45-day petition period for those interested in becoming candidates.

Regulatory Notice 26-16

Regulatory Notice 26-16 — Aug 26, 2026

Summary

FINRA has amended its TRACE rules to expand the scope of the principal transaction indicator (previously applicable only to transactions with non-member affiliates) to also include transactions with member affiliates. This change will improve transparency in TRACE-eligible securities by streamlining dissemination of same-priced prints reflecting related transactions between a member and its member affiliate. The effective date of the amendments by which compliance is mandatory is August 2, 2027.