FINRA Revises Process for Providing Non-Native English Speakers with Extra Time to Complete Qualification Examinations or Continuing Education Sessions

FINRA released an information notice stating that it is revising the process for candidates with limited English proficiency ("LEP") who seek additional time to complete either a qualification examination or a Regulatory Element Continuing Education session ("CE session").

Starting on September 8, 2014, individuals must submit electronically through the Central Registration Depository ("CRD") all requests for candidates with LEP to receive additional time on qualification examinations or CE sessions. FINRA stated that it will no longer accept hard copies of LEP request forms from firms that use the CRD system.

See: FINRA Information Notice; Revised LEP Qualification Process.