FINRA Amends Continuing Education And Registration Requirements

FINRA adopted amendments to rules on continuing education and registration requirements to provide accommodations for individuals with terminated registrations to maintain their qualification.

As previously covered, the amendments to FINRA Rule 1240 ("Continuing Education Requirements") and conforming amendments to FINRA Rule 1210 ("Registration Requirements") will:

• give eligible individuals who terminate any of their representative or principal registration categories the option of maintaining their qualification for any terminated registration categories by completing annual continuing education ("CE") through a new program, the Maintaining Qualifications Program ("MQP");