Anonymous Comment On Regulatory Notice 25-05

I've been securities licensed for about two decades and thrilled to hear about this proposal to Simplify Requirements Regarding Associated Persons’ Outside Activities. I can't remember a single client ask me about any of my listed OBAs (they are not securities related) or any colleagues OBAs.


I work with an advisor who filed bankruptcy and that's no longer available for clients to see. When it was available, clients asked me about his bankruptcy and didn't want him to be their advisor.


20110270056-Lek-Securities-SEC-20250306 (2025-1745454012567).pdf

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. SECURITIES EXCHANGE ACT OF 1934 Release No. 102533 / March 6, 2025 Admin. Proc. File No. 3-16424 In the Matter of the Application of LEK SECURITIES CORPORATION For Review of Disciplinary Action Taken by NEW YORK STOCK EXCHANGE, INC. OPINION OF THE COMMISSION REGISTERED SECURITIES EXCHANGE— REVIEW OF DISCIPLINARY PROCEEDINGS Member firm of registered securities exchange appeals from disciplinary action taken by exchange.

2014042606902-Silver-Leaf-SEC-20250307 (2025-1745454003777).pdf

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. SECURITIES EXCHANGE ACT OF 1934 Release No. 102537 / March 7, 2025 Admin. Proc. File No. 3-19896 In the Matter of the Application of SILVER LEAF PARTNERS, LLC For Review of Disciplinary Action Taken by FINRA OPINION OF THE COMMISSION REGISTERED SECURITIES ASSOCIATION — REVIEW OF DISCIPLINARY PROCEEDING FINRA member firm paid transaction-based compensation to non-members and failed to establish and implement effective systems to prevent such payments and to govern one of its business lines.

2022077267701 Gaelin Monkman-Kotz CRD 7329637 AWC gg (2025-1745194804163).pdf

From February 2021 to August 5, 2023, Monkman-Kotz was included on more than 4,000 WeChat messages to or from other Velox Clearing LLC personnel and Velox customers relating to the firm’s business, some of which she sent. Velox neither supervised nor retained those WeChat messages. By causing Velox to maintain incomplete books and records, Monkman-Kotz violated FINRA Rules 4511 and 2010 and is suspended for one month and fined $5,000.
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