October 24, 2012
Hello Im sorry I wanted to send this to the correct email where they take comments and put them into the official records but i cant find the website address appropriate perhaps a secretary Dear Chairman Mary L. Schapiro could file this for me in the appropriate place?
With all due respect to the SEC I'd like to suggest they get rid of the 20% rule prohibiting owning exchanges governing broker dealers this week and permit those worth over a set amount (perhaps a billion dollars of non borrowed assets) to spin off exchanges with appropriate comptroller regulation as already provided for by law* and suggest the you do so in concert with the state securities regulators provide for that in NY and NJ immediately.
Thats all I wanted to say for the record the comments in red
Yours M A Stein Retired
RETIRED FINRA 3 7 63 65 TITLE INS AGENT MORTGAGE BROKER BUSINESS BROKER COMMERCIAL REAL ESTATE BROKER VENCAP BROKER