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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.