As a result of Commission rule changes, a revised version of Form PF will become effective with a compliance date of June 12, 2025. In advance of this, FINRA has published the revised Form PF Section 1-4 schema for filers who upload Form PF as an XML file. See the list of milestones below for additional information.
June 2025 Form PF Schema and Sample XML
Key Milestones for June 2025 Release
| No. | Steps | Date |
|---|---|---|
| 1 | Early draft of XML schema becomes available | September 27 |
| 2 | Publish updates to draft XML schema | October 16 |
| 3 | Publish sample XML | October 29 |
| 4 |
Publish new draft version of:
|
November 8 |
| 5 | Test environment becomes available for limited XML testing (Initial and Update filing types only) | November 25 |
| 6 | Publish updates to draft XML schema and related documentation | December 9 |
| 7 | Publish updates to draft XML schema and related documentation | January 15 |
| 8 | Remaining filing types available for testing | January 21 |
| 9 | Publish updates to draft XML schema and related documentation | February 5 |
| 10 | Final XML schema published | March 18 |
| 11 | Test environment remains available | March-June |
| 12 | Production XML schema deployment (all Form PF uploads after deployment must use the new schema) | June 12 |
Please contact [email protected] with any technical questions about XML schemas or testing. For policy questions or interpretive guidance, please contact [email protected].