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HomeWhat Is FINRA Hiding?
Posted by Larry Doyle on August 3rd, 2010 7:30 AM |
Time and again, Wall Street’s self-regulator FINRA has failed to provide real transparency into its inner workings and operations. Despite FINRA’s intransigence, the pursuit continues. Sense on Cents salutes Lt. Colonel Elton Johnson, Jr., President of Amerivet Securities, for persevering in this admirable effort to provide a window into FINRA.
Johnson appeals to FINRA’s members to compel the regulator to accede to requests for transparency at its upcoming 2010 Annual Meeting. Johnson’s requests have already been rebuffed by FINRA’s board. Why is the board unwilling to open FINRA’s books and records? Johnson’s requests are non-binding. (more…)
FINRA Transparent? Why Would They Want To Do That?
Posted by Larry Doyle on July 19th, 2010 4:36 PM |
A month ago I highlighted a list of proposals presented to FINRA which would generate a significant level of transparency into Wall Street’s self-regulator. Given everything we have gone through over the last few years, who in America would not now want greater transparency from Wall Street’s self-regulator? I wrote FINRA Owes America Answers on These Proposals:
FINRA can talk about transparency and integrity all it wants. We all know talk is cheap. FINRA’s board and executives need to show America how they truly define and embrace transparency and integrity. How so? (more…)
