Comments on Regulatory Notice 08-23



I would like to see a list of reasons for Finra to be able to increase capital. Obvious reasons, of course would be net capital violation, or liquidity issues. I think this rule is too vague and leaves the door open for arbitary decisions by FINRA.There has to be definative reasons. Also, who is FINRA's EVP and how does he get "elected or "appointed?


Karen Fischer