Several Wall Street firms were sanctioned by NYSE Regulation Inc. for certain violations related to their front-end systemic capture systems.

All of the firms (Bear Stearns & Co., Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., and Morgan Stanley & Co., Inc.) consented without admitting or denying guilt to findings of FESC violations. Each of the firms agreed to a censure and US$100,000 fine.

The firms violated NYSE rules “by failing to provide certain required data needed to link entry of orders with reports of execution, and failed to implement adequate controls to prevent those violations.