The Financial Industry Regulatory Authority updated the Private Placement Form that firms must use to file offering documents and information pursuant to FINRA Rules 5123 (Private Placements of Securities) and 5122 (Private Placements of Securities Issued by Members). The updated form includes new questions, such as a disciplinary history question, that are intended to assist FINRA in prioritizing its review of private placement filings. The questions are not intended to set new standards of disclosure, due diligence or information gathering requirements. FINRA has also provided additional guidance regarding the updated form in a Private Placement Form FAQ. 

The regulatory notice is available here.