Intellivest Securities, Inc. Comment On Regulatory Notice 26-02

Why reinvent the wheel? Please take another look at the language in the Electronic Fund Transfer Act 15 U.S.C. 1693, especially the section on error resolution.

Commentator Bill Singer's drafting suggestions should be adopted.

Condolences to Commentator Tobin. Similarly, one of my client's bank account was taken over and the funds eventually replaced. I learned of law enforcement's extreme frustration that the banks' rarely prosecute, even when they have in-house video of the crooks, who increasingly are emboldened by this tolerance of crime.

2020066079906 Canaccord Genuity LLC CRD 1020 AWC ks.pdf

Canaccord failed to supervise trillions of shares of equity transactions in low-priced, over-the-counter securities for compliance with an array of concerns crucial to the fair and efficient functioning of markets, in violation of FINRA Rules 3110 and 2010. For trade surveillance, Canaccord relied on an underqualified, inexperienced, and under-resourced trading compliance group that was not reasonably supervised. From October 2016 to May 2022, that group failed to review most of the firm’s trade surveillance reports for extended periods, some for months or years at a time.

SR-FINRA-2025-003

Rule Filing Status: Approved

Rule change to amend FINRA Rule 3220 (Influencing or Rewarding Employees of Others) to increase the gift limit from $100 to $300 per person per year, provide for exemptive relief, and incorporate existing guidance and interpretive letters. The proposed rule change also would make a conforming change to the gift limit in Rules 2310, 2320, 2341, and 5110.

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