It’s Time for your Annual…Renewals: Don’t Forget to Fund your CRD/IARD Account

Check ListIt’s that time again—the leaves have turned, football pools are in full swing, and FINRA has published its 2016 Renewal Calendar.

December 18th is the deadline for Receipt of Preliminary Renewal Payment statements.

Firms are required annually to renew their registrations through the Renewal Process, which begins in the fourth quarter of each year.

Your firm must pay all applicable registration renewal fees assessed on its Preliminary Renewal Statement for the firm, branch offices and associated individuals to ensure continued eligibility to do business in the coming year.

Firms must use their FINRA Renewal Accounts to pay their annual renewal fees. FINRA notifies firms when the Renewal Program begins and firm Renewal Statements are available in Web CRD/IARD.

Firms may submit their payments by: 

  • Electronic Payment (E-Bill replaced Web CRD/IARD E-Pay on June 17, 2013)
  • ACH or Wire Transfer
  • Check

For more information on payment options and changes in policy, see the FINRA FAQ site on Registration below:

http://www.finra.org/Industry/Compliance/Registration/CRD/UserSupport/P005879

If you have any questions regarding registration, please contact Oyster Consulting. Our consultants will be happy to help you through the process, and assess any other registration or compliance needs to you may have.

Oyster Consulting, LLC
4128 Innslake Dr
Glen Allen, VA 23060
804.965.5400

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