[OCS SUBMISSION] As Principal and owner of small BD in business for over 40 years....I believe, along with my FINOP Sally Mann, that the shortened time frame for reporting from 15 min to 1 minute is NOT reasonable. This change would create havoc, expenses, and non compliance for many BD's. We strongly suggest no change to this rule.
Paul Kienbaum Comment On Regulatory Notice 22-17
[OCS SUBMISSION] As Principal and owner of small BD in business for over 40 years....I believe, along with my FINOP Sally Mann, that the shortened time frame for reporting from 15 min to 1 minute is NOT reasonable. This change would create havoc, expenses, and non compliance for many BD's. We strongly suggest no change to this rule.