Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rules 2220, 2351, 2357, 2360, and 4210 to address binary options, options whose payout is based on specified metrics, and options cleared by a registered clearing agency other than The Options Clearing Corporation.

Summary

FINRA has amended Rules 5110 (Corporate Financing Rule – Underwriting Terms and Arrangements) and 5123 (Private Placements of Securities) to make substantive, organizational and terminology changes to the rules.¹ These amendments simplify and clarify rule provisions while maintaining important protections for market participants, including issuers and investors participating in public offerings. 

WASHINGTON—As part of its commitment to expanding investors’ access to trusted information, FINRA announced today that its investor education content is now available on Zogo, a gamified financial learning platform.

Summary

FINRA is seeking candidates to fill vacancies on its Regional Committees. The South and West regions each have six vacancies, and the Midwest, North and New York regions each have four vacancies. Eligible individuals interested in serving on a Regional Committee must submit a Candidate Profile Form to FINRA’s Corporate Secretary by November 19, 2026. 

Uniform Practice Advisory (UPC 78-26) Fri, 16 Oct 26 12:00:00 +0000
Strive Inc (STVEP)

Uniform Practice Advisory (UPC 76-26) Fri, 16 Oct 26 12:00:00 +0000
Strive, Inc. (STVEV) (When Issued)

Uniform Practice Advisory (UPC 75-26) Thu, 15 Oct 26 12:00:00 +0000
Innovative Industrial Properties, Inc (IIPBP)

Summary

FINRA has adopted amendments to Rule 1210.06 (Waiting Periods for Retaking a Failed Examination) that shorten the retake waiting periods for FINRA qualification examinations from 30 calendar days to 15 calendar days after the first and second failed attempts, and from 180 calendar days to 60 calendar days after the third and any subsequent failed attempts within a two-year period. The amendments will become effective on January 19, 2027.