NASD Fines Two Firms $90,000 for Faulty or Failed Trade Reporting

Hume, Lynn
January 2005
Bond Buyer;1/19/2005, Vol. 351 Issue 32052, p4
Trade Publication
Reports that the National Association of Securities Dealers (NASD) has fined Fixed Income Securities LP for inaccurate reporting of municipal and corporate bond trades. Imposition of fine on Conners & Co. for either failing to report or inaccurately reporting municipal securities trades; Firms' agreement to be censured by NASD and to pay for the fines to settle the enforcement cases; Overview on the municipal securities trade reporting problems of Fixed Income.


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