Ms. ANITA NELSON (SRO Housing): Through their development, a lot of needs are being met.
Anita Nelson works for SRO Housing, one of the non-profits that buys and refurbishes SRO hotels in Skid Row.
It is more efficient, effective and does not outsource SEC oversight to an SRO that lacks accountability, transparency and experience overseeing investment advisers.
FORBES: I Just Renewed My CFP Designation, And They Oppose FINRA Oversight Of CFP Advisors
Some of these might be registration fees or for the portal management team to hold whatever exam FINRA or other SRO may require.
For critics such as me, part of the explanation for the failure of regulation is found in the construct of FINRA as an SRO.
FORBES: FINRA CEO Ketchum's Speech And The Shortcomings Of Self Regulation
Professor MacCulloch said he was concerned for the SRO because it could not generate income like the Archaeological Service and "questions need to be answered".
According to SEC spokesman Matt Well, the SEC's office of market regulation is in the process of finalizing proposals to increase the transparency of SRO governance.
And is the FINRA of today truly an overhauled and reformed SRO or do we merely get to hear talking points in defense of the status quo?
FORBES: FINRA CEO Ketchum's Speech And The Shortcomings Of Self Regulation
The exchange's function as a securities marketplace fits this definition, but what of its duty as a self-regulatory organization (SRO) to regulate its members and listed companies?
The advisors say they'd rather pay a new fee to the SEC to fund more inspections than come under an SRO, with its costs and inherent conflicts of interest.
There was an improvement in 2011 to 58% of firms examined by either the SEC or an SRO from a four year low of 44% in 2010.
FORBES: All Talk: The SEC's Broken Broker-Dealer, Investment Advisor Examination Program
So many of these auditors will have been issuing opinions for broker-dealers and FCMs that may have been sparsely or not at all inspected by the SEC, CFTC, FINRA or an SRO.
FORBES: All Talk: The SEC's Broken Broker-Dealer, Investment Advisor Examination Program
Today as in many years past, I advocate for the decertification of FINRA as an SRO and persist in my view that we need to re-fashion non-governmental regulation into a more inclusive private-sector regulatory organization that fairly represents the full spectrum of market participants: private investors, institutional investors, financial services firms, registered persons, and regulators.
FORBES: FINRA CEO Ketchum's Speech And The Shortcomings Of Self Regulation
From the time tenor Jim Cornelison operatically belts out our national anthem (or Canada's) to the times they pump up the volume to "Chelsea Dagger" by the Fratellis to celebrate a Blackhawk goal, a home game at the United Center is usually loud, usually SRO and usually bigger than Bieber and Beyonce rolled into one.
应用推荐