How Long Does It Take To Pass Your FINRA Audit?
Lex Nova Law walks through the general timelines for a FINRA audit and what to expect.
Video Transcript
Seth Gordon: It can be a lengthy application process if things are done, I guess, incorrectly, but just in general, what, what would the application process be like in terms of a timeline?
Mark Roderick: Well, I always tell people, you know, I have lots of phone calls every day and people ask me that question. Of course, I say, if we start tomorrow, you will be approved within 90 days. Hopefully sooner than that, but I feel, I feel comfortable you know, with that. And I should say that, cause on maybe sounding a little pessimistic, you, you will be approved. You know, there's no . . . FINRA it doesn't make qualitative judgments about how, you know, how good of a person you are or anything. It's, it is just a process of getting all the boxes checked. So if you do it right and methodically, you will be approved. And 90 days is a pretty good number.
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