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mikeyk

09/17/08 3:05 PM

#18822 RE: NASCOW #18820

But there is a law governing the exact behavior we have been seeing, and the activity is deemed highly illegal. FINRA is responsible for making sure that the MM's and brokers follow the SEC rules. The SEC would be responsible for monitoring the illegal activity from outside the market (the cd holders). So we have complaints in to both, since we are seeing the activity from both inside and outside the market.