FINRA 2018 Renewal Calendar – It’s Time to Fund Your CRD Account

Calendar, pen and notebook with blank pagesIt’s that time again—Thanksgiving is around the corner, football season is in full swing and FINRA has published its 2018 Renewal Calendar.  Firms are required to renew their registrations annually through the Renewal Process, which begins in the fourth quarter of each year.

The 2018 Renewal Program begins today November 13, 2017, when FINRA makes the Preliminary Statements available to all firms in E-Bill. Preliminary Statements are not mailed to firms.

 

Key Dates in the Renewal Process:

October 31, 2017 – Firms may begin submitting post-dated Form U5 and BR Closing/Withdrawal filings via Web CRD/IARD.

November 1, 2017 – Firms may begin submitting post-dated Form BDW and ADV-W filings via Web CRD/IARD.  Please Note: Registrations terminated by post-dated filings submitted by 11 p.m., Eastern Time (ET), November 10, 2017, do not appear on the firm’s Preliminary Statement. The only allowed date for post-dated filings is December 31, 2017.

November 13, 2017 – Preliminary Statements are available in E-Bill.

December 18, 2017 – Full payment of Preliminary Statements is due.

January 2, 2018 – Final Statements are available in E-Bill.

January 22, 2018 – Full payment of Final Statements is due.

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 may submit their payments by: 

  • Electronic Payment via E-Bill
  • Wire Transfer
  • Funds Transfer
  • Check

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

Some firms utilize this time to conduct an analysis to see if there are opportunities to cut costs by removing unnecessary registrations. If you have any questions regarding registration and how to potentially save on these costs, please complete our contact form or call us at (804) 965-5400 and one of our Relationship Managers will be happy to assist you. Our consultants can help you through the process, and assess any other registration or compliance needs to you may have.

 

 

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