More than 900 individuals have returned to the securities industry using the Financial Industry Regulatory Authority's Maintaining Qualifications Program, or MQP, which is open for enrollment until Dec. 31.
MQP allows eligible individuals to maintain their qualifications for up to five years by completing CE annually.
The enrollment period, the progam's second, is available to those who terminated their registration between March 15, 2020, and March 14, 2022, according to FINRA.
"MQP gives industry professionals a flexible path back to the industry," said Joe McDonald, senior director of credentialing, registration, education and disclosure (CRED), qualifications and exams at FINRA, in a stateemnt. "The second enrollment period extends that opportunity to individuals to enroll and keep their FINRA registrations current through continuing education (CE) after having taken time away from the industry to balance life's other demands."
Since the launch of the program, nearly 20,000 participants have enrolled, including more than 3,300 in the second enrollment period, which has been open since March. Of that total, 911 individuals have returned to the industry.