September 16, 2009
I am one of the over ninety percent of the registered representatives who proudly have no reported items listed in Broker Check. This overwhelming majority have been through the hoops and want our good record maintained for at least 7 years. Our privacy is not a concern to us and FINRA has no business falsely claiming to be protecting our privacy. The only privacy being protected is the privacy of people like Bernard Madoff or James Kelsoe.
Because of retirement,my fine CRD record on Broker Check will disappear on 12/31/2009. Shame on FINRA's intent to shield the few. It flies in the face of FINRA's stated mission to protect investors. If protecting investors was the true priority, the rule would be changed in the opposite direction - at least 7 years disclosure. Live up to your mission