Skip to content
The COVID Project
  1. Library
  2. Financial Services
  3. SEC-13-028

Ex. SEC-13-028 Order Primary source read

Regulatory Notice 20-08

Pandemic-Related Business Continuity Planning, Guidance and Regulatory Relief

Financial Industry Regulatory Authority (self-regulatory organization under SEC oversight) · United States (Sector regulator)

Open exhibit (PDF, 361 KB)Source (opens in a new tab)Archived copy (opens in a new tab)
The COVID Project

The record

Jurisdiction
United States
Level
Sector regulator
Authority
FINRA Rule 4370 (business continuity plans); Exchange Act sec. 15A
Issued
2020-03-09 Mar. 9, 2020
Effective
2020-03-09
End
relief wound down 2021-2022 (read as 2021-09-30)
In force
Mar. 9, 2020 to Sept. 30, 2021
Quarters
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
Limitation types
Telework mandateOther
Addressees
  • FINRA member broker-dealers
Functions reached
  • WM (broker-dealer branch and remote supervision)
  • OP
Collection
Financial Services SEC-13

Operative words

Due to the recent outbreak of coronavirus disease (COVID-19), FINRA reminds member firms to consider pandemic-related business continuity planning, including whether their business continuity plans (BCPs) are sufficiently flexible to address a wide range of possible effects in the event of a pandemic in the United States.... [FINRA] provides pandemic-related guidance and regulatory relief to member firms from some requirements [remote work locations, Form U4 branch registration, supervision, and Rule 4370].

Enforcement

SRO rule (context; FINRA is not a governmental authority)

Notes

Context for the wealth function; not pleaded as a governmental order.

A record of The COVID Project. The instrument's text is the source's; the summary fields are The COVID Project's reading of it. Not legal advice.