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SR-FINRA-2021-030

Rule Filing Status:  Approved

Rule change to amend FINRA Rule 6730 to require members to append modifiers to identify delayed Treasury spot and portfolio trades when reporting to FINRA’s Trade Reporting and Compliance Engine (“TRACE”).

Andrew Shear Comment On Regulatory Notice 22-08

It is your duty to know your risk when you make an investment. The investor needs to be provided with the benefit of doubt that sufficient due diligence is completed, before the investment is made. Opportunity and risk must go hand in hand. The risk in opening a business is significantly greater than these investments and anyone can open a business with minimal restrictions. A person opening a business may leverage any asset they have or use up all of their credit to initiate the business or keep it afloat.

Robert Leitch Comment On Regulatory Notice 22-08

I opposed restrictions on my right to invest like the wealthy and banks to advance my returns. Whats next our voting rights? I have produce significant extra returns and advance my chances to retire comfortably and early by reading the prospectus about swaps and leveraging and by correctly position sizing. Your proposed regulation is discrinatory. This is part of the reason behind income disparity and keeping people poor.

2021072595001 John M. Derbin, Jr. CRD 3183322 AWC lp (2022-1656030026688).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2021072595001 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: John M. Derbin, Jr. (Respondent) General Securities Representative CRD No. 3183322 Pursuant to FINRA Rule 9216, Respondent John M. Derbin, Jr. submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

Boyce Randolph Comment On Regulatory Notice 22-08

I was an advisor with a series 65. Some of my clients were knowledgeable some not. There is no doubt that FINRA has some good regulatory laws but guys this is a huge over reach. It is not your job to protect me against myself. This is play money not retirement money. Even if ten or twenty percent of my retirement money was in derivatives that is none of your business. Let the broker and or the advisor decide who should use these funds or ETFs. I go to the horse track but I dont bet my mortgage payment. I believe that the market is in for a huge correction.