Greetings,
The FINRA legislation as proposed is very unfair and biased. The investing public in a free market system should be able to buy securities as they choose, as long as they understand the risk associated with it. FINRA legislation his biased against investors with small amounts to invest and gives advantages to institutional investors and high net-worth individuals. The investing game is
Ordinary citizens need to retain rights to invest in reverse funds and leveraged funds. High wealth investors should not be given special privileges to take advantage of these investment strategies. This is one more example of economic and financial inequities that rig the system against small investors building for retirement. Pending regulatory changes that hurt small investors should be
For Your Information
International Testing Delivery
NASD Regulation is now offering delivery of computerized testing and Continuing Education Session 2-101 (the General Securities Representative Program) in Europe and the Pacific Rim.
Computerized delivery is offered in the following countries:
Sydney, Australia
Hong Kong, China
Paris, France
Frankfurt, Germany
Tokyo, Japan
Seoul,
SUGGESTED ROUTING
Senior Management
Corporate Finance
Government Securities
Institutional
Legal & Compliance
Municipal
Mutual Fund
Operations
Options
Registration
Research
Syndicate
Trading
Training
Executive Summary
On February 8, 1995, the Securities and Exchange Commission (SEC) approved a new Part XII to Schedule C of the NASD By-Laws prescribing requirements for the
The FINRA Board announced two newly appointed Industry Governors, received an update on FINRA’s Enforcement Digital Transformation and continued discussions around FINRA’s long-term financial planning.
The Suitability for Retail Customers section of the 2018 Report on Exam Findings informs member firms’ compliance programs by describing recent findings and observations from FINRA’s examinations, and, in certain cases, also providing a summary of effective practices.
Mary Schapiro Remarks From SEC's Third Annual Senior Summit
FINRA is reviewing activities of member firms acting as or working with placement agents in soliciting and/or obtaining business with municipalities and public pension funds.
Summary
FINRA has received an increasing number of reports regarding customer account takeover (ATO) incidents, which involve bad actors using compromised customer information, such as login credentials (i.e., username and password), to gain unauthorized entry to customers’ online brokerage accounts.
To help firms prevent, detect and respond to such attacks, FINRA recently organized roundtable
<p>NASD Rule 11190 - Reconfirmation and Pricing Service Participants</p>
