For Member Firms

Responsibilities and Obligations

  • Member firms are not responsible for supervising MQP or EVEP participants or tracking their CE.
  • Member firms should communicate clearly about which registrations they will support and may guide reps on MQP or EVEP enrollment if desired.
  • Individuals are responsible for initiating enrollment via FINRA’s FinPro platform.
  • MQP and/or EVEP participants may not engage in activities that require registration. Individuals must reassociate with a member firm prior to acting in a registered capacity.

Member Firm Communication Considerations

If desired, member firms may:

  • add MQP and/or EVEP information to termination packets;
  • notify registered individuals who are approaching termination or who have inactive licenses about MQP and/or EVEP options; and
  • equip human resources, hiring managers, and supervisors with talking points to discuss the MQP and/or EVEP during career transitions or role changes.
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FINRA Communication Considerations

  • FINRA uses the contact information stored in FinPro to deliver important MQP- and EVEP-related communications and eligibility updates after the individual has left a member firm or when a specific registration has been terminated for a registered individual.
  • Registered individuals are encouraged to update and maintain their personal contact details in FinPro (e., contact information not tied to a member firm) to continue receiving notifications from FINRA.