Compliance Jerk is a play on "Compliance Clerk" which is an hourly wage job charged with doing nothing all day except looking to see if signatures are on the proper pieces of paper.

[quote=WealthManager]

I guess putting MBA on a card would be a little silly.

[quote=NASD Newbie]

By the way, time and price discretion is perfectly acceptable, legal and withini the guidelines of both the SEC and the NASD.

Certain firms may not grant it at the firm level because firms may always make rules more stringent if they care to.

That does not mean that an arbitration hearing will be conducted by the firm rules however.

If "Compliance Jerk" has been reading this forum for six years why does it say he joined in 2004-is that six years ago?

My bad Sir, I was responding to the compliance clerk without paying attention to the threads.

I shall not make that mistake again.

[quote=NASD Newbie]

By the way, time and price discretion is perfectly acceptable, legal and withini the guidelines of both the SEC and the NASD.

Certain firms may not grant it at the firm level because firms may always make rules more stringent if they care to.

That does not mean that an arbitration hearing will be conducted by the firm rules however.

If "Compliance Jerk" has been reading this forum for six years why does it say he joined in 2004-is that six years ago?

[/quote]

Yep all I do day in and day out is compare signatures.

I should come to you for all the updates from the regulators, I must have missed that one that allows price and time discretion.

I can't recall when the sight when down for a number of weeks or was it months. Any ways I took my time signing up again.

Hey newbie so if you have all this experience and knowledge why is it that your current handle is just over a year old but have over 1000 posts?  your family fed up with your know-it-all attitude? go talk with your dog and walk the spouse, as you could probably use the exercise too. 

If you are still employed, it's good to see they included the elderly at least now you have a real excuse should a client complain .....alzheimers

sorry I meant site instead of sight

no need to apologize for mixing up Scotland and Canada.  Someone with all your "experience" usually makes the same mistake frequently seeing how similar the two countries are.

It's site as in web site, not sight.  Sight is the abilty to see.

Then there's cite, which means to quote or provide footnotes, that sort of thing.

You're wrong the NASD has never withdrawn their exception as to timing in the discretionary rules.

Firms may have, but the only time the game is played by a firm's rules is at that firm.

Now get back to work, somebody just dumped another pile of papers into your inbox.

newbie,

I can't recall when the sight when down for a number of weeks or was it months. Any ways I took my time signing up again.

Hey newbie so if you have all this experience and knowledge why is it that your current handle is just over a year old but have over 1000 posts?  your family fed up with your know-it-all attitude? go talk with your dog and walk the spouse, as you could probably use the exercise too. 

If you are still employed, it's good to see they included the elderly at least now you have a real excuse should a client complain .....alzheimers

I still think that “NASD Newbie” would be a more accurate title for your business card…Nasty, didn’t you find that clever?!!

[quote=Lieberman]

[quote=Philo Kvetch]Can't stay away, can you Putsy?The point's already been made, but you can't resist chiming in as though you are the final authority.  Loser.[/quote]
Philo - why do you fill these forums solely with negative responses to every NASD post?  Don't you get tired of that?  We certainly get tired of reading it.  These forums could really use some moderators. 

[/quote]

Nice try, Put/Big Easy/Newbie/Lieberman.

How many of those fawning aliases are yours?

[quote=NASD Newbie]

Compliance Jerk is a play on "Compliance Clerk" which is an hourly wage job charged with doing nothing all day except looking to see if signatures are on the proper pieces of paper.

[/quote]

That's interesting, we call those people branch managers.....

Just another guy facing the reality that he doesn't have what it takes to be selected to be a chief instead of an indian.

What buck private in the army didn't say that he was better qualified than his Sergant--and what Sergant didn't say he was better qualified than his Captain--and what Captain didn't say that he understood how to do things better than his Colonel.

The world is filled with never weres who are angry about it.

Get over it Mike, there's absolutely nothing wrong with being a broker for your entire life--even though you'll retire on a day when you did the same thing you did on day one.  Having never been promoted or offered more responsibility.

Hey newb…I’m a broker AND branch manager…and I know which job is more demanding…it’s not even close…

[quote=Indyone]Hey newb...I'm a broker AND branch manager...and I know which job is more demanding...it's not even close...[/quote]

Do you have 75 ego driven college graduate prima donnas working in that office?  How about 50 women of various sizes and shapes, all with PMS at the same time?

[quote=NASD Newbie]

[quote=Indyone]Hey newb...I'm a broker AND branch manager...and I know which job is more demanding...it's not even close...[/quote]

Do you have 75 ego driven college graduate prima donnas working in that office?  How about 50 women of various sizes and shapes, all with PMS at the same time?

[/quote]

How much time have YOU spent as a branch manager?

[quote=Indyone]Hey newb…I’m a broker AND branch manager…and I know which job is more demanding…it’s not even close…

Do you have 75 ego driven college graduate prima donnas working in that office?  How about 50 women of various sizes and shapes, all with PMS at the same time?[/quote]

...nope, my branch is nothing like that, but assuming it was, I would have a hard time understanding why anyone in their right mind would take a pay cut to leave production for that kind of crap.

[quote=NASD Newbie][quote=Indyone]Hey newb…I’m a broker AND branch manager…and I know which job is more demanding…it’s not even close…

Do you have 75 ego driven college graduate prima donnas working in that office?  How about 50 women of various sizes and shapes, all with PMS at the same time?[/quote]

...nope, my branch is nothing like that, but assuming it was, I would have a hard time understanding why anyone in their right mind would take a pay cut to leave production for that kind of crap.

[/quote]

It's nonsense to sneer about the paycut to leave production.  Branch managers often have one, or perhaps two, producers who net more in their good years than the manager.

But the vast majority of producers in a branch will net less than their manager--and many of them net less than their operations manager too.

The reason managers leave production is because they're bright and bored by the mundane life of a financial advisor.  You're doing a job that is done by people who have nothing more than a high school diploma--they're crawling all over this forum bragging about how uneducated they are.  Notice the horrible spelling and thought processes employed by many of them.

What pride is there in holding the same job as somebody who dropped out of school?

If you like challenges and responsibility you're not going to find it in the role of financial advisor--nor are you going to be all that well paid compared to a lot of people in your firm's home office or your branch management.

Where is the pride in working for someone else? 

If you like challenges and responsibility, why not strike out on your own as an Indy? 

You make strawman arguments, Putsy.

By the way, Putsy.  You never did tell us how long you spent as a branch manager.  Failing that, how are you qualified to make judgements on how they do their jobs?

[quote=NASD Newbutt]

[/quote]

It's nonsense to sneer about the paycut to leave production.  Branch managers often have one, or perhaps two, producers who net more in their good years than the manager.

But the vast majority of producers in a branch will net less than their manager--and many of them net less than their operations manager too.