Stock Exchange Cuts Waits for Failed Broker Exams
Published Date: 8/11/2026
Notice
Summary
MIAX Emerald is making it easier and faster for people to retake their FINRA qualification exams by cutting down the waiting times between tries. This change helps traders and brokers get back on track quicker without long delays. The new rule kicks in right away, speeding up career moves without extra costs.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Shorter Exam Retake Waiting Periods
If you are trying to register as a broker, representative, or principal with MIAX Emerald, you can retake FINRA qualification exams sooner: 15 days after a first or second failed attempt, and 60 days after a third or later failed attempt within a two-year period. The change applies to the SIE and representative and principal exams and took effect when filed on August 6, 2026.
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Next: 2026-16284, Self-Regulatory Organizations; Miami International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rule 1900, Interpretation and Policy .06, To Reduce the Waiting Periods for Retaking FINRA Qualification Examinations
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