Proceeding Number 2007010306901

Hearing Panel Decision in Department of Enforcement v. FCS Securities and Respondent 2

May 13, 2009

 

Respondents failed to file audited annual reports for two years, in violation of SEC Rule 17a-5 and NASD Conduct Rule 2110. Respondents are jointly and severally fined $5,000, and FCS Securities is suspended for four months. At the end of four months, the suspension will convert to an expulsion if Respondents have not at that time filed audited reports for 2006 and 2007. Respondents also are ordered to pay costs.

 

This decision has been appealed.

View Decision (PDF 92 KB)