On July 23rd, the SEC granted immediate effectiveness to the Financial Industry Regulatory Authority's proposed extension to August 27, 2012, the implementation date for required use of the new electronic Form CMA, a new standardized electronic form to be used by all continuing membership applicants. However, firms may begin using the electronic Form CMA on July 23, 2012. The implementation date for the amended electronic Form NMA remains July 23, 2012. SEC Release No. 34-67484.