Proceeding Number 2007010158001

Hearing Panel Decision in Department of Enforcement v. CapWest Securities Inc.

December 19, 2011

For violating content standards applicable to communications with the public regarding investments, in violation of NASD Conduct Rules 2110 and 2210, Respondent CapWest Securities, Inc. is censured and fined $150,000. For failing to implement its supervisory system effectively with regard to reviewing proposed advertising and sales literature, in violation of NASD Conduct Rules 2110 and 3010, Respondent is fined an additional $25,000. Respondent is also ordered to pay hearing costs.

 

This decision has been called for review.

View Decision (PDF 60 KB)