Regulatory Notice 25-07

Advances in technology have transformed the workplace for members and their associated persons. These advances have changed how members and their associated persons conduct business and interact with customers, expanded customers’ choices in engaging with members and the securities markets, and created opportunities for different workplace arrangements for members and associated persons. Members also increasingly leverage digital innovations to create operational efficiencies and optimize decision-making, and to respond to investor demand for digital platforms.

M2SD

Macro Specialist Designation (M2SD)

Designation Essentials
Status Currently offered and recognized by the issuing organization
Issuing Organization The Macro Institute
Qualification and Training Requirements
Prerequisites

Candidates must be at least 18 years of age when registering for Level 1 training.
Designation Training Requirements

Two levels of online, self-paced training
Designation Exam Type

In-person, closed-book, proctored final exams
Continuing Education Requirements

None
Verification and Complaints
Online Designation Resource

Online at https://go.themacroinstitute.com/msd_charterholders
Investor Complaint Process

Submit complaints via email to [email protected].
Published List of Disciplined Designees

None

2022077330501 Joseph A. Eisler CRD 2503507 AWC lp (2025-1747009202714).pdf

From at least August 2014 to June 2022, Eisler allocated shares of new issues to a customer in exchange for a portion of the customer’s realized profits when the stock was sold, in the form of excessive compensation on unrelated transactions. Moreover, Eisler shared in the profits in his customer’s account despite not obtaining prior written authorization from his firm or from the customer. As a result, he violated FINRA Rules 5131(a), 2150(c), and 2010. Eisler also used text messages on his personal device to conduct securities business even though Morgan Stanley prohibited their use.
Subscribe to