In light of FINRA's inability to protect retail investors, as stated in their mission statement, and amidst of the concerns of illegal naked shorting, spoofing and market manipulation present in the stock market, I propose the SEC and Congress strip FINRA's SRO status and its Absolute Immunity protection. A regulatory body such as FINRA (or any public, private or self-regulated body for that matter) should not be able to shield itself from any form of litigation on the basis of absolute immunity. The judicial system works only if everybody and every body has equal participation.