On August 19, 2013, FINRA issued a regulatory notice (Notice) explaining the updated form that firms must use to file offering documents and other information on private placements under FINRA Rule 5122 and FINRA Rule 5123. The form, which was updated effective July 1, 2013, includes six new questions that a firm must answer based on information included in the offering document or otherwise known by the firm. A copy of the updated FINRA form is attached to the Notice.

The Notice also includes nine new FAQs about the updated form.

For more information about Rule 5123 and the filings required under that rule, see Practice Note, Section 4(a)(2) and Regulation D Private Placements and Making Filings under FINRA Rule 5123: FINRA Guidance Checklist.