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0.01010101010101 0.0197210197210198 0.0774410774410775 0.0197210197210198 0.0197210197210198 0.0582010582010582 -0.0187590187590188 -0.0187590187590188
Stock impact report

Why This Shadowy Penny Stock Flogger May Kill His Own Regulator [Forbes]

VOIP PAL.COM INC (VPLM) 
NASDAQ:AMEX Investor Relations: voip-pal.com
Company Research Source: Forbes
is trying to take down FINRA, the sheriff policing his industry. A tale of good, bad and ugly behavior. By Sergei Klebnikov and Matt Schifrin , Forbes Staff T his past summer, in three separate decisions, the Supreme Court delivered a gut punch to federal regulators, including the Securities and Exchange Commission, by calling into question their enforcement powers. Now, a shadowy operator with a checkered history is waging a legal battle that could end with the high court hobbling the organization that serves as U.S. investors' first line of defense against crooked brokers and market shenanigans: the Washington, D.C.–based Financial Industry Regulatory Authority (Finra). Firna is a private, not-for-profit entity run and funded by the same securities industry it is charged with licensing and policing. Such self-regulatory organizations (SROs) have been a part of U.S. markets since the Philadelphia Stock Exchange was formed in 1790. When Congress created the SEC in 1934, Show less Read more
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