On March 8, the Financial Industry Regulatory Authority filed a proposed rule change with the Securities and Exchange Commission to adopt amendments to the qualification and registration requirements for associated persons. The proposed rule change restructures the current qualification examinations, creates a general knowledge examination and specialized knowledge examinations, and revises the continuing education requirements. The new rule would also consolidate certain National Association of Securities Dealers’ rules and New York Stock Exchanges’ rules into the FINRA Rulebook.

More information is available here.