1. Disciplinary sanctions should be designed to protect the investing public by deterring misconduct and upholding high standards of business conduct.
The purpose of FINRA's disciplinary process is to protect the investing public, support and improve the overall business standards in the securities industry, and decrease the likelihood of recurrence of misconduct by the disciplined
There must be better Regulation on Regulators. The system is broken from the top. There is a revolving door of regulators coming from financial firms that have competing interest. The SEC suit against Ripple is an example. Commissioners and Directors have competing interest and it is pensioning our economy. Our Senators and Congress people suffer from the same revolving door. The Public has no
Extension of Current Rate for Fees Paid Under Section 31of the Exchange Act
Short interest should have 100% reporting daily. T+2 gives an unfair advantage to hedge funds. There also needs to be transparency with synthetic shorts. They do exist and its also an unfair practice. Fines should exceed the amount of fraud or manipulation. Small slaps on the wrist do absolutely nothing. A 10 million dollar fine on manipulation that made a financial institution 80 million dollars
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adjust FINRA fees to provide sustainable funding for FINRA’s regulatory mission.
Proposed Rule Change to Adopt Rule 7650A Relating to Debit Process for the Collection of FINRA/Nasdaq Trade Reporting Facility Fees
NASD Regulation Delays Implementation Date Of Phase III Of OATS From October 31, 2000 To December 15, 2000
On August 30, 2000, NASD Regulation, Inc. (NASD RegulationSM ) filed with the Securities and Exchange Commission (SEC) for immediate effectiveness a rule proposal that extends the implementation date of Phase III of the Order Audit Trail System (OATSSM) to December 15, 2000. As provided
INFORMATIONAL
Temporary Cease and Desist Orders
SUGGESTED ROUTING
KEY TOPICS
Legal & Compliance
Senior Management
Cease and Desist Proceedings and Orders
Executive Summary
On May 23, 2003, the Securities and Exchange Commission (SEC) approved an NASD proposed rule change that gives NASD the authority to impose and
John Gannon Testimony - July 16, 2008: Testimony Before the
Special Committee on Aging
United States Senate
Hi FINRA, what were seeing in the stock market is unprecedented. 71 percent dark pool volume for AMC from the same people that have a short interest. This is unacceptable in any “free and fair market”. Short selling is a cancer on the back of the US financial system and has adverse effects on the rest of the world. We need more transparency from the “too big to fail” players in the market and
