NASD Files G-37 Complaint Against New Orleans Dealer

Hume, Lynn
July 2003
Bond Buyer;7/22/2003, Vol. 345 Issue 31682, p1
Trade Publication
Reports that U.S.-based National Association of Securities Dealers Inc. (NASD) charged Sisung Securities Corp. and its owner, Lawrence J. Sisung Jr., with violating Rule G-37 and other MSRB rules by making almost $17000 in political contributions to Louisiana State Bond Commission members and then underwriting more than 21 state bond issues for earnings of almost $2.2 million. Charges framed by NASD against New Orleans-based broker-dealer; Penalties to be paid by the company if found guilty.


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