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FINRA requires a CRD number for a registered representative. What should a firm do for self-directed accounts where there is no registered representative assigned to the account?

April 26, 2017accounts crd FINRA firm registered representative requires self-directed

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FINRA requires a CRD number for a registered representative. What should a firm do for self-directed accounts where there is no registered representative assigned to the account?

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Firms uploading a file via the File Upload page or transmitting a file via a batch processing feed through FTP must enter “999999999999” (12 characters) for self-directed accounts. Firms that file online may check a radio button that indicates the extension is being filed on behalf of a self-directed account.