FINRA has announced that, effective May 11, 2026, certain users accessing FINRA systems through the FINRA Entitlement Platform will be required to complete identity verification using ID.me. This new requirement is part of FINRA’s ongoing efforts to protect highly sensitive data and mitigate increasing cybersecurity and fraud risks. This new requirement can affect filers of Form ADV.
The initial rollout will apply to Super Account Administrators (SAAs), Account Administrators (AAs), and users with entitlements that permit access to Social Security numbers. As of mid-March, FINRA has begun communicating directly with affected users, with reminder notices to be circulated in April and May. Beginning May 11, in‑scope users will be prompted on a rolling basis to verify their identity, with weekly rollout waves continuing through September 14, 2026.
