August 6, 2010
I would like to voice my support for the suitability standard governing broker dealers and registered represetatives. this is a robut and heavily enforced standard I'm a series 6 and 63 liscensed rep. I'm audited by my branch manager twice a year. I have to complete at least 5 different mandatory courses a year. These are required by my BD and include anti money laundering, know your customer and the like. We have to take a mandatory FINRA exam once every two years. The branch is subject to an annual audit every year from Walnutstreet. Finra audittos could nad have also audited our branch. We run a clean shop and i'm proud of my affiliation with Walnut street. I'm very very satisfied that the suitabilty standard is a very comprehensive and compliant way to interact with my clients and prospective clients