The Securities and Exchange Commission has approved amendments to the Financial Industry Regulatory Authority Rule 9550 Series, which provides a procedural mechanism for FINRA to address certain types of misconduct more quickly than would be possible using the ordinary FINRA disciplinary process. The amendments modify various time requirements regarding expedited proceedings, add an expedited proceeding for failure to pay restitution and harmonize a remedy in an expedited procedure with a remedy in the FINRA By-Laws. The amendments become effective March 25.