September 1, 2011

Hybrid Advisors - FINRA is now Charging for Missed Exams

New release on social media rules. If you are a hybrid advisor, check with both the B-D compliance group and the CCO of your RIA before diving in!

As always, please contact us with any questions on  your particular situation

Here's the FINRA notice...
Regulatory Notice 11-36

Changes to Fees for Cancelling or Rescheduling a Qualification Examination or Regulatory Element Continuing Education Session

Effective Date: September 1, 2011

Executive Summary

FINRA has filed for immediate effectiveness amendments to Section 4 of Schedule A to the FINRA By-Laws to establish a fee for individuals who cancel or reschedule a qualification examination or Regulatory Element Continuing Education (Regulatory Element) session three to 10 business days prior to the appointment date. The changes are effective September 1, 2011.


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