Company: National Association of Securities Dealers

131 results found

Price and transaction data now available

Says firm knowingly produced inaccurate data in “breakpoint sweep”

1,900 brokers received failing grades incorrectly

Old “pump-and-dump” scheme in new garb

The National Association of Securities Dealers announced today it has fined Merrill Lynch, Pierce, Fenner & Smith, Wells Fargo Investments and Linsco/Private Ledger Corp. a total of US$19.4 million for suitability and supervisory violations primarily relating to mutual fund sales.Merrill Lynch was fined US$14 million, while Wells Fargo was fined US$3 million and Linsco was […]

  • By: IE Staff
  • December 19, 2005 December 19, 2005
  • 16:10

Deceptive market timing “unfair and harmful” to mutual fund shareholders

Text messages being used to hype stocks, warns NASD

Brokerage engaged in scheme to avoid delisting of parent company

Two new features to be added to National Registration Database

  • By: IE Staff
  • November 25, 2005 November 25, 2005
  • 11:30

Largest fine to date for fixed income trade reporting violations