Curated items for this scope are still being collected. Below are the latest related updates; items meeting the curation criteria will be marked separately.
FINRA has adopted amendments to Rule 1210.06, shortening the waiting period for qualification exam retakes, effective January 19, 2027. The retake waiting period after the first and second failed attempts is reduced from 30 calendar days to 15 calendar days, and the retake waiting period for the third and subsequent failed attempts within two years is reduced from 180 calendar days to 60 calendar days. The amendments apply only to FINRA qualification exams; waiting periods for exams administered on behalf of other self-regulatory organizations or the North American Securities Administrators Association may differ.
FINRA has issued Regulatory Notice 26-17, approving amendments to FINRA Rule 4515.01 regarding investment adviser batch order allocations, which will take effect on November 16, 2026. This amendment removes the requirement that investment adviser batch order allocations received after the close of trading be reviewed and approved by a principal, while retaining existing investor protection provisions. The amendment is part of the FINRA Forward initiative, which aims to simplify rules and reduce unnecessary operational burdens.
FINRA has issued Regulatory Notice 26-16, amending TRACE rules to extend the proprietary trading indicator, previously applicable only to non-member affiliate transactions, to member affiliate transactions. The voluntary compliance period for this amendment begins August 31, 2026, with a mandatory effective date of August 2, 2027. The rule text is available in the FINRA Online Manual.
FINRA has amended Rule 3210 (Accounts at Other Broker-Dealers and Financial Institutions) to add an exemption for Trump Accounts established under Section 530A of the Internal Revenue Code, with the rule change effective June 17, 2026. Trump Accounts are special traditional IRAs established for eligible individuals under the age of 18. This exemption applies only to such accounts and their compliant investment transactions, and the revised text is attached as Appendix A to the notice.
