FINRA Updates FAQ on Eligibility Proceedings for Firms Participating in MCDC Initiative

FINRA updated the FAQs for firms participating in the SEC's Municipalities Continuing Disclosure Cooperation Initiative ("MCDC Initiative") statutory disqualification process.

The FAQs address topics that firms participating in the MCDC Initiative have recently raised with FINRA. For general information relating to FINRA's statutory disqualification process, FINRA recommended that market participants review FINRA's Statutory Disqualification page.

See: Updated FAQ.