Replies to post #42431 on Voip Pal Com Inc (VPLM)

[GTCar]

FINRA did not decide that VPLM or Kipping engaged in any wrong doing, they did however find that Scottsdale and John Hurry engaged in illegal trading and washing practices... FINRA is not responsible for regulating the public or clients of brokerage companies, they regulate brokers and financial advisors and the companies they work for... This does not mean that there could be a simultaneous investigation by say the SEC however who would be responsible for charging the members of the public associated to illegal trading activities... Thus all your claims to this end are illogical and rendered mute.

FINRA offers regulatory oversight over all securities firms that do business with the public, plus those offering professional training, testing, and licensing of registered persons, arbitration and mediation, market regulation by contract for the New York Stock Exchange, the NASDAQ Stock Market, Inc., the American Stock Exchange LLC, and the International Securities Exchange, LLC; and industry utilities, such as Trade Reporting Facilities and other over-the-counter operations.