Anonymous Comment On Regulatory Notice 26-15
Dear Ms. Mitchell,
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Dear Ms. Mitchell,
Dear Ms. Mitchell,
Dear Ms. Mitchell,
Dear Ms. Mitchell,
Dear Ms. Mitchell,
Dear Ms. Mitchell,
Here it is with the dashes removed and the formatting made more like a normal letter.
Dear Ms. Mitchell,
I am an individual investor submitting a comment regarding Regulatory Notice 26 15 and FINRA’s request for comments on modernizing its best execution guidance under Rule 5310.
Dear FINRA:
All day long FINRA reported executions trade at worse prices that hidden liquidity on the primary listing exchange.
No rational being in a fair world believes that FINRA is capable or willing to enforce the most rudimentary requirement of its members to seek best price before executing off exchange.
All FINRA members should be required to check primary listing lit liquidity before executing in the dark.
Thank you for your attention to this matter.
Jared Albert
Dear Ms. Mitchell,
I’m an individual investor. I am writing about Regulatory Notice 26-15 and FINRA's request for comment on modernizing its best execution guidance under Rule 5310. It asks whether order-by-order review of internalized orders should still be required, whether a firm's own order router can count as the review of that router, and whether there should be safe harbors for documented procedures. 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.