Notice of FINRA District Committee Elections and Ballots
Complete transparency! If a market maker like Citadel can process order flow and know in real time what moves I'm making, then it should go without question that I be able to see what positions they are taking, also in real time. It's an extreme conflict of interest that they are allowed to do both. These current timelines for reporting are an extreme disadvantage to retail investors.
There are no rules. Why even have all of this? Naked shorting continues, dark pool trading is out of control. EVERYTHING is set up for the institutions and the super rich to get richer, and the retail investor to be left holding a bag. The institutions are allowed to continue to gamble recklessly and get bailed out when it doesn’t go their way. There needs to be real change in the system to be
FINRA Rule 4230(a) requires clearing firms for which FINRA is the designated examining authority pursuant to SEA Rule 17d-1 to submit requests for extensions of time as contemplated by Regulation T of the Board of Governors of the Federal Reserve System1 ("Regulation T") and SEA Rule 15c3-3(n)2 to FINRA for approval.
INFORMATIONALNominees for NASD Board of GovernorsSUGGESTED ROUTINGKEY TOPICSExecutive RepresentativesSenior ManagementNASD Board of GovernorsExecutive SummaryThe Annual Meeting of NASD members will be held on January 4, 2005.The formal notice of the meeting, including the precise date, time, and location of the Annual Meeting, will be mailed on or about November 29, 2004.The individuals nominated
Summary
The NSCC1 administers ACATS, a system that automates and imposes specified duties and performance timeframes to facilitate the transfer of accounts, in whole or in part, from one firm to another. The NSCC recently announced a change to ACATS that will allow a receiving member (the firm slated to receive the customer’s account) to use the “receiver delete” function to remove alternative
FINRA Requests Comment on Proposal to Require Alternative Trading Systems to Submit Quotation Information Relating to Fixed Income Securities to FINRA for Regulatory Purposes
(a) All capital acquisition brokers are subject to paragraphs (a)(1) through (a)(6), (b)(1), (b)(4), (b)(5), (b)(7), (e) and (f) of FINRA Rule 3110, and Supplementary Materials .01 through .03, .06 through .09, and .11 following FINRA Rule 3110.
(b) A capital acquisition broker must permit the examination and inspection of its premises, systems, platforms, and records by representatives of FINRA
On January 31, 2022, FINRA introduced the Participant Data Management System (“PDM”) which firms now use to manage access to the FINRA trade reporting facilities, including TRACE, ORF and ADF. PDM also allows firms to add, view, and modify users of the TRAQS web interface. FINRA has published several notices to remind firms to use PDM to review their TRAQS users. As a final reminder, firms are
SUGGESTED ROUTING
Senior Management
Institutional
Legal & Compliance
Operations
Systems
Trading
Executive Summary
In the October Notices to Members, the National Association of Securities Dealers, Inc. (NASD) published an FYI alerting members to legislation recently enacted by Congress that authorizes the Securities and Exchange Commission (SEC) to collect a fee (SEC fee) of 1
