FINRA RSL Update

Are you looking for updates on the Residential Supervisory Location (RSL) Designation? FINRA recently released an updated FAQ about RSLs. These FAQs offer a quick go-to guide for broker-dealers who want to use the RSL designation. The first day firms may use the RSL designation was June 1, 2024, so the sooner broker-dealers familiarize themselves with the RSL updates, the better prepared they can be to decide whether the RSL designation is appropriate for them and the reporting requirements.