TITLE

Simon firm fined for misreporting payment to Armacon

AUTHOR(S)
Hume, Lynn
PUB. DATE
February 1999
SOURCE
Bond Buyer;02/17/99, Vol. 327 Issue 30580, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that William E. Simon and Sons Municipal Securities has been censured and fined $10,000 by the National Association of Securities Dealers (NASD0 for improperly reporting a $10,000 payment to Armacon Securities Incorporated. William Simon's report that the payment was a management fee; NASD's similar sanction on First Albany Corp.; William Simon's statement on the case.
ACCESSION #
1564853

 

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