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Distinguished Toastmaster
BUSINESS & BRANDING COACH . LIFE & LEADERSHIP STRATEGIST MOTIVATIONAL SPEAKER SERVING ENTREPRENEURS & MAIN STREET |
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YES KEVIN BACON, ELI WIESEL & OTHER HARMED INVESTORS, THERE ARE DEEP POCKETS... STILL (c) Carrie Devorah :
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YES KEVIN BACON, ELI WIESEL & OTHER HARMED INVESTORS, THERE ARE DEEP POCKETS... STILL (c) Carrie Devorah :
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Yes, Kevin Bacon, Eli Wiesel and other harmed investors there may deep pockets for you to possibly collect your losses from if there is an attorney willing to step back from the 'accepted' thought to look at fact and document.
Five letters....
FINRA has MoUs signed with Canada, Hong Kong, UK and other countries. FINRA is not a government agency. Their own General Counsel states so in an email.
The Commission and FINRA have a $0 contract.
FINRA is a .org not a .gov. FINRA is not protected by FOIA. FINRA is, yet another, private non-profit set up in concert with Congressional laws that create Acts that over time lose being deferred to for reference, replaced by policy written by entities that do not have that power.
Congress writes the laws. In the case of the Commission, the Commission must read and approve all Rules and Codes of FINRA. In government, there is a papertrail for those steps. If there is not......
FINRA is a 501 (c )(6), a business league, a non-profit like a football team non-profit, required to collect dues from its members. Congress said the Commission has oversight only over brokers and dealers. Congress did not give the Commission oversight of investment clients and investment advisors. Those disputes go to the Courts, at least, those disputes were supposed to go to the Courts. Those disputes ended up in FINRA DRS.
Congress did not establish a FINRA DRS. FINRA did. If the rules were complied with then Commission established FINRA DRS which is a problem for the Commission. Somewhere there has to be a Congressional law for that oversight by FINRA.
FINRA is an SRO, a self regulatory organization. Congress told the Commission to make many SROs. There is one- FINRA, the bastard child of the NASD come together with the NYSE. The NASD was a private company. The NYSE was a private company. Congress' FSC says Congress does not sign off on creating private companies.
Ok. Tell FINRA, FOIA and the harmed clients walked in to the FINRA DRS by lawyers failing in their fiduciary to their clients. FINRA says their business league is not responsible for the decision making of the investor attorney. But it is. FINRA is an SRO that submitted papers to a Federal Agency. False statements and misrepresentations on federal papers is a crime. FINRA cannot hold those papers back. FINRA is not protected by FOIA.
"The term 'fraud' is generally defined in the law as an intentional misrepresentation of material existing fact made by one person to another with knowledge of its falsity and for the purpose of inducing the other person to act, and upon which the other person relies with resulting injury or damage."
I had met a SEC Commissioner at his American University Law school presentation. The SEC has about 5 commissioners. The SEC Commissioner explained to his audience the SEC votes to decide which case(s) the SEC will pursue which means meritorious cases the SEC does not pursue. The Commission structures similar to a corporation structures for decision making on which case to pursue, cases that will bring attention to the SEC. There are meritorious cases the SEC does not investigate. There isn't enough SEC manpower for all reported cases.
The Commission, the SEC, structures similar to a corporation on decision making of which case to pursue.
The Commission relies on expunged FINRA data. Some data was not expunged.... Bernard Madoff 1963, 1975, 2000, 2005, 2008 just a short few months before Bernie turned himself in. Bernie said 'they knew.' They did- the fiduciaries- the lawyers, the victims, the legislators....
FINRA did... "no product."FINRA told reporters that FINRA had no idea....
Someone complained 50 years earlier.... someone
Five letters....
FINRA has MoUs signed with Canada, Hong Kong, UK and other countries. FINRA is not a government agency. Their own General Counsel states so in an email.
The Commission and FINRA have a $0 contract.
FINRA is a .org not a .gov. FINRA is not protected by FOIA. FINRA is, yet another, private non-profit set up in concert with Congressional laws that create Acts that over time lose being deferred to for reference, replaced by policy written by entities that do not have that power.
Congress writes the laws. In the case of the Commission, the Commission must read and approve all Rules and Codes of FINRA. In government, there is a papertrail for those steps. If there is not......
FINRA is a 501 (c )(6), a business league, a non-profit like a football team non-profit, required to collect dues from its members. Congress said the Commission has oversight only over brokers and dealers. Congress did not give the Commission oversight of investment clients and investment advisors. Those disputes go to the Courts, at least, those disputes were supposed to go to the Courts. Those disputes ended up in FINRA DRS.
Congress did not establish a FINRA DRS. FINRA did. If the rules were complied with then Commission established FINRA DRS which is a problem for the Commission. Somewhere there has to be a Congressional law for that oversight by FINRA.
FINRA is an SRO, a self regulatory organization. Congress told the Commission to make many SROs. There is one- FINRA, the bastard child of the NASD come together with the NYSE. The NASD was a private company. The NYSE was a private company. Congress' FSC says Congress does not sign off on creating private companies.
Ok. Tell FINRA, FOIA and the harmed clients walked in to the FINRA DRS by lawyers failing in their fiduciary to their clients. FINRA says their business league is not responsible for the decision making of the investor attorney. But it is. FINRA is an SRO that submitted papers to a Federal Agency. False statements and misrepresentations on federal papers is a crime. FINRA cannot hold those papers back. FINRA is not protected by FOIA.
"The term 'fraud' is generally defined in the law as an intentional misrepresentation of material existing fact made by one person to another with knowledge of its falsity and for the purpose of inducing the other person to act, and upon which the other person relies with resulting injury or damage."
I had met a SEC Commissioner at his American University Law school presentation. The SEC has about 5 commissioners. The SEC Commissioner explained to his audience the SEC votes to decide which case(s) the SEC will pursue which means meritorious cases the SEC does not pursue. The Commission structures similar to a corporation structures for decision making on which case to pursue, cases that will bring attention to the SEC. There are meritorious cases the SEC does not investigate. There isn't enough SEC manpower for all reported cases.
The Commission, the SEC, structures similar to a corporation on decision making of which case to pursue.
The Commission relies on expunged FINRA data. Some data was not expunged.... Bernard Madoff 1963, 1975, 2000, 2005, 2008 just a short few months before Bernie turned himself in. Bernie said 'they knew.' They did- the fiduciaries- the lawyers, the victims, the legislators....
FINRA did... "no product."FINRA told reporters that FINRA had no idea....
Someone complained 50 years earlier.... someone