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FINRA launches Rule 605 Designated Participant Authorization Form

Saturday, 1 August 2026

Regulator

Banking Supervision

Risk Domain

Sanctions

Business Line

Capital Markets

Amended Rule 605 expands execution quality reporting obligations. Members electing FINRA as Designated Participant must complete new authorization and publish hyperlinks to reports, requiring updates to compliance and reporting infrastructure.

CAL-2026-08-01-004