ACI Advocacy Brings Regulatory Clarity to Series 99 Ambiguity
In May 2025, FINRA issued a long-anticipated update to its Operations Professional Registration FAQ, clarifying that individuals who post journal entries but lack discretionary authority over capital are not required to register as Series 99 Operations Professionals under Rule 1220(b)(3)(A)(i)c. ACI executive management has actively engaged with senior FINRA staff on this in recent years, […]