FINRA is likely responding to pressure from Congress - we know they refer retail to their Ombudsman's office (which is a black hole - when complaining about FINRA itself).
I was going to make a video in response to FINRA's FAQ (I've already made several Tweets this morning about FINRA's FAQ) - but John Brda's talk on Twitter says everything that needed to said. (I will likely make a video response later - but I recommend everyone listen to the John Brda Twitter spaces talk)
Market Moves with Tony
John Brda provides an update on MMTLP on Twitter spaces : twitter.com/i/spaces/1zqKVPRWbVXJB
FINRA released a "FAQ" about MMTLP today :
www.finra.org/investors/insights/FAQ-MMTLP-corpora…
FINRA is likely responding to pressure from Congress - we know they refer retail to their Ombudsman's office (which is a black hole - when complaining about FINRA itself).
I was going to make a video in response to FINRA's FAQ (I've already made several Tweets this morning about FINRA's FAQ) - but John Brda's talk on Twitter says everything that needed to said.
(I will likely make a video response later - but I recommend everyone listen to the John Brda Twitter spaces talk)
2 years ago (edited) | [YT] | 58