The Financial Industry Regulatory Authority (“FINRA”) filed a rule proposal with the U.S. Securities and Exchange Commission (“SEC”) aimed at increasing investor protection. The proposal would allow FINRA’s BrokerCheck to display the same information available on the SEC’s Investment Adviser Public Disclosure (“IAPD”) website for brokers who are also registered as investment advisers. BrokerCheck and the IAPD provide a wealth of information about registered persons, including the individual’s disciplinary history. Earlier this year the SEC made changes to the IAPD so that it displays all information found on BrokerCheck for investment advisers who are dually registered as brokers.
We just wanted to say thanks for your work in helping us get back some of the money we lost. We are not by any means rich, but we have saved some money and we have done so through a tight-fisted approach to most everything we do. So losing a significant chunk of money hurt…especially at a time when everyone else was growing their accounts. We really appreciate the work you did.