1d. BD – Interaction with the FINRA MAP Group on Rule 1017 (Intermediate - OPEN)

Monday
Written By Meghan Flanagan

FINRA Rule 1017 specifies the events that require FINRA member firms to submit an application for continuing membership (CMA).  Given the complexities surrounding the Rule and the CMA filing coupled with the MAP group CMA review process and approval times, it is imperative that broker-dealers timely navigate Rule 1017, the CMA filing and MAP group review process.  Hear from industry practitioners and a FINRA MAP group representative who will provide an overview of Rule 1017 and related provisions, give valuable insight into drafting and filing the CMA and describe how to successfully interact with the MAP group.  

This session is open to both regulators but closed to members of the press.

Learning Objectives:

  • Understand FINRA Rule 1017, the transactions that trigger a CMA and the Role of the MAP group.

  • Distinguish between a Materiality Consultation and CMA.

  • Learn the information required to be included in the CMA.

  • Receive insight into MAP group processes for evaluating proposed business activities.

  • Discuss setting realistic expectations for receiving CMA approval from the MAP group. 

Featured
Hope Newsome
Hope Newsome

Managing Partner

Meris Law PLLC

Meghan Flanagan
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1e. IA/PF – Regulatory Filings: Requirements, Pitfalls and Best Practices (Intermediate - OPEN)