Regulatory Alerts2010-06-30
Added · Updated
Summer 2010 Securities Bulletin
The Connecticut Department of Banking reports enforcement actions resulting in fines of $30,000 for TDA Advantage Trust and Thomas F. DeSteph, $85,000 for Nicholas Alexander Smirnow, $25,000 for Royal Burgundy International, and $2,098,792 for UBS Securities LLC and UBS Financial Services Inc. regarding auction rate securities. The bulletin also details consent orders precluding David P. Petruzzi from securities business for 24 months, barring Eric Kipperman and CRF Group, LLC for ten years, and fining James Fowler Hickman $2,500 with a requirement to refund commissions. Additionally, permanent cease and desist orders were issued against Grosvenor Partners, S&E Investment Group, Itradedirect.com Corp., and Donald C. Lyle for violations including unregistered securities sales and fraud.
More like this from CTDOB
CTDOB published 3 documents in the last 30 days. We email you each new one the day it's published.