Shelly Bohlin, Senior Vice President, Data Management and Governance, guides FINRA’s enterprise-wide data strategy, which involves creating and implementing FINRA’s formal data governance program. Previously, Ms. Bohlin was President and Chief Operating Officer of FINRA CAT, LLC, which operates and maintains the Consolidated Audit Trail (CAT). Before leading FINRA CAT, Shelly served in
<p>Proposed employee leasing arrangement does not violate Rule 2420.</p>
Finra Question 1: What implementation period would be appropriate to provide members with sufficient time to make the systems changes necessary to comply with this requirement? My Answer: Change needs to happen as soon as possible Finra Question 2: FINRA is considering whether daily or weekly short interest position reporting would be preferable. What are commenters’ views on the preferred
To whom it may concern, I am writing in support of the proposed changes applied in Reg. Notice 21-19. Particularly as an individual investor in the US financial markets, I am strongly in support of daily aggregation of short interest reporting. I strongly support increased granularity to the account level position reporting. I am adamantly in support of increasing comprehensive synthetic short
Hi I believe that short selling of any kind is bad, while showing more data is a positive step. Shorting still has too much scope for bad practice. There’s a conflict of interests as soon as a party shorts a company. Too many of the main players in today’s market have ties in all areas of the market. Allowing them to manipulate and drive theses companies further down to there benefit. I could
I request that ALL shorting must be reported daily, and that ALL dark pool trading must be reported daily. Also all dark pool trading MUST be bought and sold within the dark pool, or all LIT trading is bought and sold in the LIT market. Not trading all the buy orders into the dark pool and sells into the LIT market. Honestly the dark pool should not even exist. Shorting needs to be redone as well
I'd like to point out your "What We Do" section on your website. Many of retail investors are well aware that you actually do nothing at all in the grand scheme of things. You give out measly fines to make it appear like you're doing your job, when those same institutions that you fined made billions of dollars in profit. You may write rules, but you certainly do not enforce
Summary
In February 2012, pursuant to an SEC order, FINRA established an accounting support fee (GASB Accounting Support Fee) to adequately fund the annual budget of the Governmental Accounting Standards Board (GASB). The GASB Accounting Support Fee is collected on a quarterly basis from member firms that report trades to the Municipal Securities Rulemaking Board (MSRB). Each member firm’s
First, there is no rule that can be put in place where the repurcussions are fines. Fines are a cost of doing business. Period. The street always makes far more money illegally then they pay in fines. 150% minimum fines. Now, that said, self reporting is a joke. We have the systems and technology available to ensure trades are marked correctly, that they are delivered adequately, not
