Anonymous Comment On Regulatory Notice 24-13

I understand the intention of three day trades per week was to reduce the risk and losses incurred. Over the years, it seems to have actually exposed traders to more risk. Allowing no more than three round trip trades in five business days has created a burden on traders as well as brokerage firms. Traders who wish to trade in small amounts to build capital typically do not have access to the minimum deposit required to avoid being flagged as PDT, and in many cases will place more impulsive trades.

2023080678101 Christopher J. Christensen CRD 7680869 Complaint lp (2025-1739405999168).pdf

The Department of Enforcement alleges: 1. On two occasions, Respondent Christopher J. Christensen failed to provide documents and information FINRA requested pursuant to FINRA Rule 8210 as part of FINRA’s examination of Christensen’s outside business activities and private securities transactions. As a result, Christensen violated FINRA Rules 8210 and 2010. 2. Christensen also failed to appear for testimony FINRA requested on two occasions pursuant to FINRA Rule 8210 as part of FINRA’s examination. As a result, Christensen violated FINRA Rules 8210 and 2010.

2022075315401 Ceros Financial Services, Inc. CRD 37869 AWC vr (2025-1739405999167).pdf

Between May 2022 and August 2023, Ceros served as placement agent in three contingency offerings (the Offerings). Ceros failed to terminate the Offerings and promptly return investor funds when there were material changes to the terms of the Offerings. Therefore, Ceros willfully violated Exchange Act Rule 10b-9 and violated FINRA Rule 2010. From at least May 2022 to at least August 2023, Ceros failed to establish and maintain a supervisory system, including written supervisory procedures (WSPs ), reasonably designed to achieve compliance with Exchange Act Rule 10b-9.
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