The Financial Industry Regulatory Authority has extended the deadline for member firms to self-report violations under the 529 Plan Share Class Initiative to April 30. The extension will allow firms to have more time to review their supervisory systems and procedures with respect to their 529 plan transactions.

A more detailed discussion of the Plan Share Class Initiative is available here.

FINRA recently issued a Frequently Asked Questions about the 529 Plan Share Class Initiative, which is available here.