Wednesday, December 28, 2005
Fines by NASD Up 21% in 2005
The brokerage industry's chief regulatory group said Tuesday it collected a record $125.4 million in disciplinary fines this year, 21% more than in 2004, for violations including abuses in sales of mutual funds and variable annuities.
The Washington-based NASD also said it filed 1,412 enforcement actions in 2005, up 1% from the previous year, and barred or suspended 737 people from the securities industry, down 12%. It closed 9,150 arbitration cases and 1,700 mediation cases...
LA Times: Fines by NASD Up 21% in 2005
The Washington-based NASD also said it filed 1,412 enforcement actions in 2005, up 1% from the previous year, and barred or suspended 737 people from the securities industry, down 12%. It closed 9,150 arbitration cases and 1,700 mediation cases...
LA Times: Fines by NASD Up 21% in 2005
Permalink posted by markw @ 12:50 PM 
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