As the owner of a Registered Investment Advisory (RIA) firm and a registered representative of an affiliated FINRA member firm, I respectfully oppose proposed Rule 3290 in Regulatory Notice 25-05.The rule would inappropriately extend FINRA’s oversight to RIAs who are already regulated by the SEC and state authorities. It would also create a two-tier system—imposing additional compliance burdens
Request for TRACE Reporting Exemption Under FINRA Rule 6732
FINRA should change FINRA Rules 12402 and 12403 so that all Claimants and all Respondents have to share the same number of strikes when ranking arbitrators. Under the current rule so long as a brokerage firm and the financial advisor are represented by different law firms then they would get twice as many strikes as a group of investors who are represented by the same law firm. In
What specific FINRA rules should be a focus for modernization based on their economic costs and benefits; changes in markets, products, services, or technology; or otherwise? What groups of FINRA requirements should be a focus? Please include FINRA rules that may be mandated or derived from a statutory or other non-FINRA regulatory requirement applicable to FINRA or its members. Rules
SummaryAs a self-regulatory organization, FINRA is committed to continuous improvement that draws on deep engagement with its member firms. Among other benefits, this engagement enables FINRA to better understand and address risks to investors and markets; better adapt its oversight to changing business practices and markets; better support innovation and the deployment of new technologies and
I believe the PDT rule is unfairly restrictive to small investors. There is no way to learn without losing some trades. I have been trapped in losing trades trying to avoid triggering the PDT rule. Please get rid of this rule completely, as traders should be able to learn how to invest their own money at their own risk.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adopt FINRA Rule 6152 (Disclosure of Order Execution Information for NMS Stocks) to require members to submit their order execution reports for NMS stocks to FINRA for publication on the FINRA website.
Each year, FINRA publishes its Annual Regulatory and Examination Priorities Letter to highlight issues of importance to FINRA's regulatory programs.
Compliance Outreach Program for Municipal Advisors
I oppose FINRA Regulatory Notice 25-05 and Proposed Rule 3290
