In response to restrictions that have been imposed as associated with the COVID-19 outbreak, the Securities and Exchange Commission (SEC) recently issued an order providing flexibility regarding the fingerprint requirements of Section 17(f)(2) of the Exchange Act and SEA Rule 17f-2.

Per the authority the Financial Industry Regulatory Authority (FINRA) is afforded via Rule 1010(d), FINRA has extended the 30-day period for submitting fingerprint information. This extension became effective March 16, 2020 and is available to members that submitted, or will submit, an applicant's initial or transfer Form U4 between February 15, 2020 and May 30, 2020. Members will have until May 30, 2020 to provide written notification to the Commission indicating that a person will rely on the exemption and until June 29, 2020 to submit the necessary fingerprint information.

Additional extensions will be considered as FINRA continually assesses the status of the COVID-19 situation.

Fieldprint currently maintains sites that are open and operational for fingerprinting purposes throughout our nationwide network.

Please contact customer service or your account management team with any specific questions or concerns.

Posted: March 25, 2020

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