Proposed Rule Change to Revise the Series 6 Examination Program
I oppose restrictions to my right to invest as this proposed rule would install. We need less regulation when it comes to investment opportunities for individual traders.
Stop making rules that Hurtado cripple small investors. Keep the field level. Stop the [REDACTED]. Everyone should have the right to invest without these restrictions.
Joint sales efforts by member firm and non-member real estate firm of private placements in real estate condominium complexes raise the question of whether the realtors or persons acting on behalf of the issuer would be required to register as broker/dealers.
SUGGESTED ROUTING*
Senior Management Legal & Compliance OperationsTrading
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The Small Order Execution System (SOES) was created to allow public customers to enter orders of limited size into the NASDAQ System for immediate execution at the best available price. Section 3(c) of the SOES
TO: All NASD Members
The Securities and Exchange Commission has adopted the amendments proposed in March to its shareholder communications rules. The amendments, which specify the obligations of brokerage firms and issuers, stipulate:
• That issuers who request a list of nonobjecting security holders from one broker must request it from all brokers with customers who beneficially own the issuer
Regulatory Obligations
Exchange Act Rule 15c3-1 (Net Capital Rule) requires firms to maintain net capital at specific levels to protect customers and creditors from monetary losses that can occur when firms fail.
Noteworthy Examination Findings
FINRA has continued to identify some of the same concerns noted in the Net Capital and Credit Risk Assessments section of the 2017 Report and Accuracy
FINRA Revises the Series 7, 17, 37 and 38 Examination Programs
I support proposed rule #22-08. Over the past 30 years Wallstreet has banked on swindling middle America with complex investment vehicles. It needs to end.
This rule is ridiculous, just another attempt to keep poor people poor and the rich, rich. It's a shame that the so-called American dream has turned into a nightmare.
