FINRA Provides a Process for Waiving CMA Fees for Less Significant CMA Changes and Refunding of NMA and CMA Fees for Applications Withdrawn within 30 Days after Filing

Effective immediately, FINRA will waive the requisite continuing membership application ("CMA") fee where FINRA determines that a CMA is proposing insignificant changes that do not require substantial staff review. Examples of changes that may qualify for a CMA fee waiver are described in the attached regulatory notice.

Also effective immediately, FINRA will refund the application fee (less a $500 processing fee) if an applicant withdraws a new membership application ("NMA") or CMA within 30 days after filing the application with FINRA.

See: Regulatory Notice 13-11.