Distinguished Toastmaster
BUSINESS & BRANDING COACH . LIFE & LEADERSHIP STRATEGIST MOTIVATIONAL SPEAKER SERVING ENTREPRENEURS &
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THE FAILURE OF SUCCESS (c) Carrie Devorah:

Two nights ago I felt I failed. A 5+ year effort came to conclusion. Despite success, spirits sank.

The Wall Street industry judge handed his decision down. Millions stolen from from clients, there was no referral to law enforcement. Just a money judgment the SEC attorney said will most likely never be collected. The expectation of an Appeal the Eric Garners could never afford. The perp out, still, navigating sidewalks in their manolos.

Constitutionality was raised by the Respondent. Not of the victims. Damaged. One, a military octogenarian vet. Another, an elderly military contractor, ill. And countless others still not knowing all their while dealing with a "photo", an image online, a persona plumped up by pundits and media peers looking to fill seats, that they were dealing with the "crocodile" the childrens song taught us to never smile at. In the meantime, more victims were lured on board the Wall Street'rs scheme.
How? Why? The SEC, the SRO never called in the cops, the cavalry.

This failure is one of 45+ pages of monthly disciplinary enforcements the FINRA, the self regulatory organization the SEC approved towards satisfying Congress' law ordering the Commission to approve SROs adressing issues between brokers and brokerages. 45+ pages that went to disciplinary decision by the SROs committee of the Respondents' peers. Sorta like Ali Baba and the 40 thieves sitting on committees adjudicating crimes by, well, Ali Baba and the 40 thieves. Makes no sense to me but it makes sense to them. They all know each others dirty little secrets. And they all know if they tell......... so Wall Street criminal behaviour walks.

Oh there are whistleblowers. The SRO punishes them. Destroys them financially. Pluck of these guys that is unconquerable is character, integrity, honor. It would not surprise you to note three of the most prominent examples the FINRA targeted are military men.

Overseeing regulatory and local agency employees failed their constituents. Easily understood. The overseeing regulatory and local agency employees are paycheck people, more focused on clocking out at 5 and on weekends rather than living the 24/7 mindset of one seeking to defend, protect, bring balance, if that makes sense. They make Zootopia look less of a Disney feature cartoon. They are bodies in, bodies out of their job slot. Never delving deeper in to drawered documents that could/would protect their citizenry they accept payment, a contract to protect and defend. They should. Dirty hands. Accountability. Accessory to crimes they knew of but overlooked with yet another industry luncheon looming on their calendar.

But this is government. There are perks like who gets to go to NASAA's annual luncheon over on Capitol Hill or.... hmmmm, maybe to an event inside Capitol Hill or if they are lucky, to the White House. Overseeing regulatory and local agency employees are limited, pretty much, to events inside the EEOB, the Eisenhower Executive Office Building and, maybe, the White House Christmas party eager for that Grip & Greet pic with POTUS & FLOTUS, the pres and 1st lady.
TANSTAAFL does exist in government employees worlds. There is such thing as a free lunch.

Victorys ring hollow when a man and woman, a you or me, go to jail for something that does not rob others of their savings, their livelihood, their self esteem. Complicit, aiding and abetting and, with increasing reporting in the news, the failure I feel to the success was facilitated by lawyers covering float, wives, ex's with abuse of laws, even thefts themselves.... noticed.

Noted. Click. Share. 

Technically, the banned from the industry "hot air" that should have exited the TV & Radio Wall Street Market program's guest seat, should have left 'the building' with Elvis almost 20 years ago when earlier accusations were made.  Charges were brought, but, in the Wall Street silent silo in to which industry cow puckies are shoveled, complaints are destroyed, expunged, as if they never existed. In a world that recently discovered "Right To Remove," Wall Street has been removing crimes, destroying evidence for decades. In our you and me world, that is, potentially, destruction of evidence, a Federal Crime or a State Crime or a local crime, depending on which Rule & Procedure the FINRA & the SEC term it this week, or next, intended to protect their dues paying members. FINRA is, PIABA is, are, business leagues in a cottage industry, at its core, not following the law Congress wrote.

Don't get fooled.

Victims are misled in to the SRO forum, misled in to signing  Confidentiality Agreements gagging the victim from speaking up on the crime against them, like sheeple to the financial slaughter. Advice is not given to the trusting Plaintiff signing the doc their attorney tells them to sign, not being told John Hancocking this Confidentiality Agreement will bar them from seeking redress once the Plaintiff learns, only after not before, that the SRO knew, the Respondent knew, of a multi-state Order against the Respondents, the SRO and Respondent do not want the Plaintiff to participate in. Like what happened with RBC and their Plaintiff. It seems the RBC was sued by the SEC in 11/2008 right after the market crash. The SEC, according to the California Order, received a tip the RBC CA's and RR's were rogue. The RBC home office wrote 'they had no way of seeing what goes on inside the RBC offices spread around the Country and the World. The RBC was sued by the CFTC for money laundering. There was the issue of the ARS. The Order that RBC signed off on timed to SEC doc filings is suspect. Investors never knew. Existing and new clients coming as far back as when the investigation started did not know. The Whistleblower learned, harshly, that what the SRO does resonates with threatening witnesses. 

Hmmm but if the crime is expunged and if the SEC filed doc terms money laundering, FINRA complaints under "Litigation" as "other" then how will anyone ever know where is the forest the Wall Street money tree is 'falling' in.

Gotta believe sometimes truth will prevail over Deep Devious pockets. One prays. Success takes patience. Yet I feel the failure, not success. 
There are two sets of 'laws' that keep Main Street in jail and Wall Street recidivous. Wall Street and their attorney brethren league created "Rules and Procedures." that legal lemmings followed assuming, presuming the "Rules and Procedures" are law. Enough of the "Rules and Procedures" in the court precedents.... you see how law gets twisted?

Along the way, I found Madoff papers being shared to untwist Wall Street's knickers. US Attorneys who wrote up the counts on Bernard Madoff had never heard of at the time I reached out to them in 2014. Papers, in the public, out there, available, if one invested time in to following leads, tying up loose ends, retracing steps some that led to walls, some that led to new doors and windows to explore enroute to more loose ends, retraced steps, walls, new doors and windows to explore.

I share the data.

The reality of the SEC attorney crowing ordered penalty funds may never be collected nor go to the victims nor lock the Respondent behind bars is chilling, moreso at a time Congresswoman Maxine Waters is seeking more funds for the SEC. Less funds is what is due. 5+ years of taxpayers monies spent on a case to nowhere. Not just one. Countless. Countless. Keeping Wall Street criminals out of jail, counter intuitive to President Obama releasing 100+ from serving 10 years sentences taints the success with a sentiment of failure. The SEC legal team led by a bloviating attorney remiss to remember he represents the people not the respondent added to the the ALJ Judge not recommending incarceration added to nowhere along the journey the SEC calling in the cavalry, the cops, the Feds is failure. You and I would be cuffed immediately and be hauled off to jail.
Wall Street pleads 'without admitting or denying.' We plead 'guilty or not guilty.' No presumption of living life looking innocent while others langer in jail.

The proverbial "they" do say failure is the stepping stone to success. For the moment, the wind got knocked out of me. There is no glee when bad people are not held accountable to good people they harmed. There is no victory when bad people walk without being held culpable for victimizing people's trust and faith.

I accept failures are the real Pokemon Go leading on the road to making change. I accept the stepping stones failure draw us onward to success.