Joshua S Comment On Regulatory Notice 26-15
Dear Ms. Mitchell,
I am an individual investor writing about Regulatory Notice 26-15 and FINRA's request for comment on modernizing its best execution guidance under Rule 5310.
Order-by-order review is the only standard under which the price I actually receive is what gets reviewed. Relaxing it would remove the last point at which this rule touches my money.
I am asking FINRA to instead strengthen its best execution standard and enforcement, while reducing the influence of conflicted firms. FINRA should adopt: