FINRA specifically states that
technological tools could be used to perform the principal review, but the
principal is responsible to ensure that the technological tool works properly.
It must be tested to ensure it works as it is supposed to.
Adán D.
Araujo
Vice President
Chief Compliance Officer
First Command Financial Planning
(817) 569-2225
From: Kate Barnes
[mailto:bounce-276474@fpanet.org]
Sent: Wednesday, November 07, 2007
2:31 PM
To: Araujo, Adan
Subject: Re: [FPA_VLC_PostSession]
11/7/2007 - Understanding the New Annuities Rule
We did have one question remaining for Mr. Araujo, from James Simos, who asks:
How does
worm technology work on principal review?
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