# 2026-19393: FINRA Delays Fee Rollout: More Prep Time for Firms

2026-19393, Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the Implementation Schedule of Amendments To Schedule A to the FINRA By-Laws Adopted in SR-FINRA-2024-019 as Modified in SR-FINRA-2025-007, is a Federal Register notice from Securities and Exchange Commission published 2026-09-23, effective 2026-09-15; PRIA reads it as touching household money (as of 2026-09-30).

- Canonical: https://policyrisk.com/federal-register/2026-19393
- As of: 2026-09-30
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-19393
- Title: Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the Implementation Schedule of Amendments To Schedule A to the FINRA By-Laws Adopted in SR-FINRA-2024-019 as Modified in SR-FINRA-2025-007
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 60427
- Published: 2026-09-23
- Effective: 2026-09-15
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-09-30

## In one line

FINRA Delays Fee Rollout: More Prep Time for Firms

## Summary

FINRA is changing the timeline for when new fees and rules, approved earlier, will start. This affects financial firms that pay FINRA fees, giving them more time to prepare for the updated charges that help fund FINRA’s work. The changes kick in later than planned but still aim to keep FINRA’s oversight strong and steady.

## Effects PRIA read

- Two-year delay of FINRA fee increases: benefit, high. If you are a FINRA member firm, implementation of fee increases that were scheduled to begin between January 1, 2027 and January 1, 2029 will be postponed by two years. During the postponement you will be charged at 2026 rates; the postponed schedule makes the previously adopted 2027 changes effect…
- Quantified member savings over 2027–2030: benefit, high. FINRA estimates the postponement results in approximately $718 million in total savings to members over the four-year transitional period (2027 through 2030). The median four-year savings per member is $5,199 (a median savings rate of 7.2%), and the average four-year savings rate is 6.7%; FINRA sta…
- Issuers’ Corporate Financing fees postponed: benefit, high. Issuers face delayed implementation of new Corporate Financing fees: the Private Placement Review Fee (for private placements > $25 million) will be implemented starting January 1, 2029 as a $300 flat fee plus 0.008% of the offering (capped at a $500 million offering cap, producing a $40,300 cap),…
- Trading Activity Fee and GIA rate increases delayed: benefit, low. Rates for the Trading Activity Fee (TAF) and Gross Income Assessment (GIA) will remain at 2026 levels through December 31, 2028; for example, the covered equity TAF remains $0.000195 per share (with a $9.79 per-trade max) in 2027–2028 and would rise to $0.000232 per share (up to $11.61 max per trad…
- Operational and registration fee hikes postponed: benefit, medium. Various operational fees and registration-related charges will stay at 2026 levels through 2028 and be implemented later: examples include Personnel Assessment tier increases (e.g., reps 0–5 remain $245 until 2029 then $260), Branch Office System Processing Fee staying $75 until 2029 (rising to $10…

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## Sources
- [2026-19393 on federalregister.gov](https://www.federalregister.gov/documents/2026/09/23/2026-19393/self-regulatory-organizations-financial-industry-regulatory-authority-inc-notice-of-filing-and)
- [2026-19393 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-09-23/pdf/2026-19393.pdf)

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- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-19393 (as of 2026-09-30).