Forum Post: Corzine’s Broker License EXPIRED YEARS AGO… FINRA let him run MF Global Without One.
Posted 13 years ago on Nov. 21, 2011, 7:01 p.m. EST by MonetizingDiscontent
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Corzine’s Broker License EXPIRED YEARS AGO… FINRA let him run MF Global Without One.
-November 21, 2011-
Did Someone At FINRA Do Corzine A Favor And Waive His Registration Requirements?
Here’s a bit of Wall Street arcana:
The Financial Industry Regulatory Authority’s (“FINRA”) website provides this information at : http://www.finra.org/Industry/Compliance/Registration/QualificationsExams/RegisteredReps/Qualifications/p011102
Who must register as a representative?
Anyone actively involved in the member’s investment banking or securities business must be registered as a representative with FINRA. Their duties may include supervision, solicitation, or training of persons associated with the member.
[NASD Membership and Registration Rule 1031(b) - Definition of Representative]
Who must register as a principal?
Persons associated with a member, enumerated below, who are actively engaged in the management of the member’s investment banking or securities business, including supervision, solicitation, conduct of business, or the training of persons associated with a member for any of these functions are designated as principals. Such persons shall include:'
-Sole Proprietors
-OfficersPartners
-Managers of Offices of Supervisory Jurisdiction, and
-Directors of Corporations.
Continued, read more Here:
Gerald Celente: Uncovering a Smoking Gun Behind The MF GLOBAL Scandal
(((Video))) http://www.youtube.com/watch?v=6weHpFCrxdw&feature=player_embedded#!
Jon Corzine for Treasury Secretary!
http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/jon-corzine-treasury-secretary
::::::::JP Morgan to buy MF Global’s London Metals Exchange stake::::::::
http://www.reuters.com/article/2011/11/22/us-jpmorgan-lme-idUSTRE7AL1AJ20111122
:::::::JP Morgan leverages their balance sheet beyond Enron levels:::::::
http://maxkeiser.com/2011/11/22/jp-morgan-leverages-their-balance-sheet-beyond-enron-levels/
-November / 22 / 2011-
That is the icing on the cake.
::::::::MF Global Trustee Says Shortfall Could Exceed $1.2 Billion::::::::
http://dealbook.nytimes.com/2011/11/21/mf-global-trustee-estimates-shortfall-could-be-more-than-1-2-billion/?ref=business
::::::::::::A JP Morgan/MF Global SILVER CONNECTION?::::::::::::
http://maxkeiser.com/2011/11/22/a-jp-morganmf-global-silver-connection/
November 22, 2011
JP Morgan made a MASSIVE adjustment of PHYSICAL SILVER into its REGISTERED VAULTS, moving over 1 MILLION OUNCES from eligible into REGISTERED OVERNIGHT!
*JP Morgan adjusted 1,103,280 ounces out of eligible vaults, and into registered vaults.
JPM’s registered inventories TRIPLED from 557,265 ounces to 1,660,545 ounces on Tuesday! Is JPM preparing for substantial delivery demands for December?
The similarity between the 1.1 million ounce adjustment into registered by JPM and the 1.4 million ounces of registered silver that remain not eligible for delivery due to the MF Global fiasco is striking.
Perhaps JPM is moving to prevent a COMEX default due to the 1.4 M ounces of registered physical being unavailable for delivery, and JPM is receiving massive amounts of notices of intents to stand for delivery as everyone realizes they do not want to end up like Gerald Celente
-Dale-
Good Post.