Regulatory Notice 21-15

Summary

With the recent increase in the number of customers seeking to open brokerage accounts and trade options, FINRA reminds members of the requirements for determining whether to approve a customer to trade options. Regardless of whether the account is self-directed or options are being recommended, members must perform due diligence on the customer and collect information about the customer to support a determination that options trading is appropriate for the customer.

2014041541401 Cabot Lodge Securities LLC CRD 159712 Order Accepting Offer sl (2021-1620606009848).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Cabot Lodge Securities LLC (CRD No. 159712), Respondent. Disciplinary Proceeding No. 2014041541401 Hearing Officer—MC ORDER ACCEPTING OFFER OF SETTLEMENT Date: April 6, 2021 INTRODUCTION Disciplinary Proceeding No. 2014041541401 was filed on January 2, 2020, by the Department of Enforcement of the Financial Industry Regulatory Authority (FINRA or Complainant). Respondent Cabot Lodge Securities LLC

2020069007201 Joia Evans CRD 6328012 AWC sl (2021-1620606009514).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2020069007201 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Joia Evans (Respondent) Former General Securities Representative CRD No. 6328012 Pursuant to FINRA Rule 9216, Respondent Joia Evans submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

2019064947801 Dannia Ferreira CRD 7154160 AWC sl (2021-1620606008776).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2019064947801 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Dannia Ferreira (Respondent) CRD No. 7154160 Pursuant to FINRA Rule 9216, Respondent Dannia Ferreira submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

2018059223401 Independent Financial Group, LLC CRD 7717 AWC sl (2021-1620606010924).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2018059223401 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Independent Financial Group, LLC (Respondent) Member Firm CRD No. 7717 Pursuant to FINRA Rule 9216, Respondent Independent Financial Group, LLC (IFG) submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

IM-Section 4(b)(1) and (e) Exemption from Certain Registration and Membership Application Fees for Certain NYSE and NYSE American LLC Member Organizations

NYSE and NYSE American LLC member organizations that become members of FINRA pursuant to IM-1013-1 and IM-1013-2, respectively, shall not be assessed the fee set forth in Section 4(b)(1) to Schedule A of the FINRA By-Laws for the initial Form U4 filed by firms for the registration of any representative or principal associated with the member organization at the time a firm submits its application for FINRA membership. Such firms also shall not be assessed the membership application fee set forth in Section 4(e) to Schedule A of the FINRA By-Laws.
Subscribe to