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Action required NMLS Jul 16, 2026

NMLS MU2 and MU4 Disclosure and Employment Reporting Changes Remain in Effect

No new public NMLS system release was identified between July 2 and July 16, 2026, but the April 18, 2026 release remained a live operational change during this period. That release revised MU2 and MU4 disclosure questions and introduced employment reporting enhancements, including population of employment history from company relationships, mainly affecting MU4 filings.

No new public NMLS system release was identified between July 2 and July 16, 2026, but the April 18, 2026 release remained a live operational change during this period. That release revised MU2 and MU4 disclosure questions and introduced employment reporting enhancements, including population of employment history from company relationships, mainly affecting MU4 filings.

What changed

NMLS changed disclosure questions on MU2 and MU4 records and changed how employment history is handled in certain records and filings.

Compliance perspective

Companies and individuals with impacted records should review all affected MU2 and MU4 data before submitting filings that depend on updated disclosures. These are system-level changes with direct filing consequences, especially where records must be updated before submissions can move forward.

Key date

Effective date: April 18, 2026.

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