The Security Traders Association1 (“STA”) appreciates the opportunity to submit comments on FINRA Regulatory Notice 24-132 (the “Notice”), which details FINRA’s retrospective review of its day trading requirements to evaluate their effectiveness and efficiency. STA is an organization comprised of individuals involved in the trading of securities in the U.S. and Canada. Our members represent companies spanning various business models within the financial services sector, including retail and institutional brokerage firms, equity and options market makers, liquidity providers, agency-only broker-dealers, and asset owners and managers.

Read the full comment letter here.