FINRA launched a podcast summary of FINRA news, notifications and compliance resources from August 2017 (see August 2017 Monthly Recap records). The podcast highlighted:
Regulative Notice 17-25, which discussed modifications to FINRA guidelines on arbitration treatments. Under the brand-new guidelines, the FINRA Office of Dispute Resolution will be needed to send out an arbitrator list to all celebrations at the very same time, within around 30 days of the due date of the last response. The modifications will become effective on September 18, 2017.
Regulative Notice 17-26, which detailed the upcoming shift from a paper variation of Form 211 to an electronic variation for compliance with FINRA Rule 6342. Companies might start using the electronic Form 211 on September 11, 2017, and FINRA will not accept paper filings since October 23, 2017.
Regulative Notice 17-27, which provided assistance for companies that have been affected by Hurricane Harvey by detailing treatments for pertinent regulative and compliance problems, such as “emergency workplace moving, continuing education requirements, signed up workers took part in active military responsibility, regulative filings, business connection strategies, and customer interactions.”.
In the podcast, FINRA also kept in mind the release of its New Account Application design template and reported the elections and consultations of numerous brand-new Governors. FINRA also indicated its Quarterly Disciplinary Review Podcast, which was launched on August 16, 2017, and in-depth examples of members’ misbehavior for the previous 3 months.
FINRA explained several upcoming occasions and conferences, consisting of upcoming workshops on Anti-Money Laundering, and notified listeners that registration is open for the 2018 Annual Conference that will be held next May.