FINRA Membership Clause Samples

The FINRA Membership clause establishes that a party to the agreement is a member of the Financial Industry Regulatory Authority (FINRA) and is subject to its rules and regulations. This clause typically applies to broker-dealers or financial firms engaging in securities transactions, ensuring they maintain their membership status and comply with FINRA's standards. Its core function is to provide assurance to other parties that the firm operates under recognized regulatory oversight, thereby promoting trust and compliance within the financial industry.
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FINRA Membership. You are a member, in good standing, of the Financial Industry Regulatory Authority (“FINRA”), and are duly registered as a broker-dealer under the 1934 Act, and under the laws of each state in which you propose to offer the Shares, except where such registration would not be required by law.
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FINRA Membership. (a) You and we are registered and/or licensed as a broker and/or dealer under the federal and applicable state laws. You and we represent and warrant to each other that you and we are each members of FINRA. (b) You and we each agree to notify the other immediately if it ceases to be registered or licensed as a broker or dealer or fails to be a member in good standing of FINRA. (c) You and we each agree to abide by the rules and regulations of FINRA, including, without limitation, Rule 2341 of the FINRA Conduct Rules.
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FINRA Membership. The Dealer Manager is a member of Financial Industry Regulatory Authority, Inc. (“FINRA”) in good standing.
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FINRA Membership. (a) We represent that ▇▇▇▇▇▇▇ ▇▇▇▇▇ is registered and/or licensed as a broker and/or dealer under the federal and applicable state laws and that it is a member of the Financial Industry Regulatory Authority, Inc. (the “FINRA”). (b) We agree to notify you immediately if ▇▇▇▇▇▇▇ ▇▇▇▇▇ ceases to be registered or licensed as a broker or dealer or fails to be a member in good standing of the FINRA. (c) We agree to abide by the rules and regulations of the FINRA, including, without limitation, Rule 2830 of the FINRA Conduct Rules.
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Related to FINRA Membership

  • FINRA Member Shareholders There are no affiliations with any FINRA member firm among the Company’s officers, directors or, to the knowledge of the Company, any five percent (5%) or greater stockholder of the Company, except as set forth in the Registration Statement, the Base Prospectus, any Prospectus Supplement or the Prospectus.

  • FINRA Affiliation There is no (i) officer or director of the Company, (ii) beneficial owner of 5% or more of any class of the Company’s securities or (iii) beneficial owner of the Company’s unregistered equity securities which were acquired during the 180-day period immediately preceding the filing of the Registration Statement that is an affiliate or associated person of a FINRA member participating in the Offering (as determined in accordance with the rules and regulations of FINRA).