2024080106601 Hovde Group, LLC CRD 25425 AWC vr (2025-1738887600230).pdf

From August 2020 until July 2024, Hovde Group failed to establish, maintain, and enforce a supervisory system, including written supervisory procedures (WSPs), reasonably designed to review the securities transactions in its associated persons’ outside brokerage accounts for potential violations of securities laws and FINRA rules. As a result, the firm violated FINRA Rules 3110 and 2010.

2023077021801 International Assets Advisory, LLC CRD 10645 AWC vr (2025-1738801202638).pdf

From May 2021 through July 2023, IAA failed to report approximately 290 transactions in Trade Reporting and Compliance Engine (TRACE)-eligible securities to TRACE. Therefore, IAA violated FINRA Rules 6730 and 2010. From May 2021 through July 2023, IAA failed to report approximately 270 municipal securities transactions to the MSRB's Real-time Transaction Reporting System (RTRS). Furthermore from July 2023 through November 2023, the firm reported approximately 40 canceled transactions to RTRS that should not have been reported.

Ryan Rosansky Comment On Regulatory Notice 24-13

The $25,000 requirement for pattern day traders in order to consistently trade Intraday is more hazardous then a “protection” the $25,000 requirement to preform consistent intraday trades, prevents small “start up investors” or people wanting to learn to day trade from effectively trading, as the PDT can effectively stop someone from avoiding a reversal in price action due to plain fear of being marked a “PDT” and therefore being barred from buying stocks for up to 90 days, the effect of this rule is very obvious, the PDT rule prevents the “small fish” from being profitable to the point wh

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