INFORMATIONAL
Options Rule
SUGGESTED ROUTING
KEY TOPICS
Executive Representatives
Legal & Compliance
Senior Management
Trading & Market Making
Options
NASD Rule 2860
Executive Summary
On December 13, 2000, the Securities and Exchange Commission (SEC) approved amendments to National Association of Securities Dealers, Inc. (NASD®) Rule 2860.1 The
This Rule applies to all requests to expunge customer dispute information from the CRD system. Except as otherwise provided in this Rule, all provisions of the Code apply to such expungement requests.
(a) Filing an Expungement Request against a Member Firm
(1) Applicability
An associated person may request expungement of customer dispute information from the CRD system by filing a statement of
Where do I begin? Crack out the whip on SEC forcing them to actually enforce the current rules, & make improvements where needed to protect EVERY investor - NO FAVORITISM. Shorts should be transparent for ALL to see. 'Immediate' enforcement of FTD failure to deliver. FULL transparency is imperative, show what's happening on the inside with dark pools. A fair market needs to
I JUST WANT THE RULES TO BE ENFORCED FOR ONCE. YOU GUYS ARE SUPPOSED TO PROTECT THE RETAIL INVESTOR. What is happening behind closed doors is unbelievably evident. THEY ARE OVERLEVERAGED yet have not been called. AMC retail investors own the float and they continue to borrow shares they find somewhere. How can you claim to be for us when their penalties are a slap on the wrist. please protect us.
All current legislation should be properly enforced. Harsher punishment for those who fail to abide by the rules; bigger fines (full amount made from any damages done through manipulation) and or Jail time. HFT - they should either be regulated and monitored or scrapped all together. No human can compete with them. Stop the forced bankruptcy of companies through market manipulation.
(a) No member or person associated with a member shall accept any payment or other consideration, directly or indirectly, from an issuer of a security, or any affiliate or promoter thereof, for publishing a quotation, acting as market maker in a security, or submitting an application in connection therewith.
(b) The provisions of paragraph (a) shall not preclude a member from accepting
FINRA Rule 5210 (Publication of Transactions and Quotations) prohibits member firms from publishing or circulating, or causing to be published or circulated, any communication which purports to report any transaction as a purchase or sale of any security unless such member believes that such transaction was a bona fide purchase or sale of such security. Firms may, on a discretionary basis, communicate or advertise their trading activity to the market through one or more service providers that disseminate that information to subscribers and the market. Firms that do so must ensure that such information is truthful, accurate and not misleading, consistent with the requirements of Rule 5210.
OverviewThe following tool identifies key cybersecurity risks currently facing small firms and helps them enhance their customer information protection, and cybersecurity written supervisory programs (WSPs) and related controls, including:Highlighting the most common and recent categories of cybersecurity threats facing small firms, including questions to assist firms with addressing such threats
Dissemination of Qualified Contingent Trades Reported to FINRA
SUGGESTED ROUTING*
Senior ManagementLegal & ComplianceRegistration
*These are suggested departments only. Others may be appropriate for your firm.
MAIL VOTE
EXECUTIVE SUMMARY
Members are invited to vote on proposed amendments to Article III, Section 5(b) and Article IV, Sections 3 and 4 of the NASD By-Laws, and Article IV, Section 5 and Article V, Sections 1 and 3 of the NASD
