[ by Howard Haykin ]

FINRA updated its Consolidated Agreement and New Agreement Amendment for members who access FINRA Transparency Facilities - including:

• ADF (Alternative Display Facility)
• ORF (OTC Reporting Facility)
• TRACE ( Trade Reporting and Compliance Engine)

FINRA advises that firms presently using these facilities and member firms just starting out must use the new, amended forms.  For further instructions, read the FINRA posting, as follows:

Updated Consolidated Agreement and New Agreement Amendment to Access FINRA Transparency Facilities

FINRA has updated its equities and fixed income transparency services participant agreement and has also created an amendment to the agreement.

The revised FINRA Participation Agreement (FPA)
[ http://www.finra.org/web/groups/industry/@ip/@comp/@mt/documents/appsupportdocs/p005601.pdF ]
replaces the existing FPA. Firms that currently have an FPA with FINRA must use the amendment
[http://www.finra.org/web/groups/industry/@ip/@comp/@mt/documents/appsupportdocs/p245774.pdf ]
 to add a new FINRA product, delete an existing product or update their billing information.

Pursuant to the terms of the individual participation agreements, posting of the revised FPA serves as notice of this change. The modified FPA will become effective 90 days after the posting of this notice. Participants will have 30 days after that effective date to opt out of the agreement or will in turn be deemed to have agreed to and accepted the revised FPA.

For further details, refer to :  
[ FINRA ADF Announcement, 4/19/13 ]
[ FINRA  TRACE Announcement, 4/19/13 ]
[ FINRA ORF Announcement, 4/19/13 ]