finra

FINRA

1997 News Releases

    

December 23, 1997 -   NASD Regulation to Track Year 2000 Readiness of Brokerage Firms
December 22, 1997 -   NASD Regulation Bars Nicholas Rudi; Key Figure in Armacon Probe also Censured and Fined for Failure to Cooperate
December 22, 1997 -   NASD Regulation Issues Complaint Against HGI, Maidstone Financial, and Principals of Both Firms; Fraud and Illegal Profits of $16.2 Million Alleged
December 17, 1997 -   Gregor S. Bailar Named Chief Information Officer of NASD and John M. Hickey Elevated to Chief Technology Officer of NASD
December 16, 1997 -   21 Brokerage Firms and a Bank Fined $325,000 for Violating MSRB Rules
December 15, 1997 -   NASD Appoints Diane E. Carter as Senior Vice President, Human Resources
December 11, 1997 -   NASD Approves Plan to Increase Electronic Trade Processing by Vendors
December 11, 1997 -   NASD Approves Bond Fund Pilot Program
December 11, 1997 -   NASD Investor Protection Initiatives - as of 01/09/98
December 11, 1997 -   NASD Announces Changes of Micro-Cap Market
November 14, 1997 -   NASD Regulation Statement on Bond Fund Ratings
November 06, 1997 -   NASD Regulation's 'Settlement Weeks' Register Major Successes; 90 Percent of Cases Resolved Through Special Program
October 21, 1997 -   NASD Regulation Fines Mayer & Schweitzer $200,000 for Failure to Provide Best Execution; As Well As Record-Keeping and Supervisory Violations
October 16, 1997 -   NASD Regulation Brings Sales Practice Charges Against 33 Former Stratton Oakmont Principals and Brokers
October 09, 1997 -   NASD Announces a Temporary Fee Reduction for SelectNet Trades
October 09, 1997 -   NASD Board of Governors Approves 1998 Board Nominees
October 09, 1997 -   NASD Board Approves New Integrated Order-Delivery and Execution System
October 01, 1997 -   NASD Regulation Issues Complaint Against Hampton Capital Management Corp., CEO, and Employee for Denying Inspection
September 11, 1997 -   NASD Regulation Disciplinary Committee Bars La Jolla Capital From Penny Stock Transactions; and Orders Fines and Restitution of More Than $950,000
September 09, 1997 -   NASD and NICE Announce Free Web-Based Investment Teaching Guide
September 04, 1997 -   NASD Regulation Marks Second Anniversary of Mediation Program; New 'Settlement Weeks' Announced
August 14, 1997 -   NASD Regulation Fines GKN Securities and 29 Brokers $725,000; Firm Must Also Pay $1.4 Million in Restitution to Investors
August 13, 1997 -   D.H. Blair and Top Officials to Pay $4.9 Million in Fines and Restitution
August 07, 1997 -   NASD Announces Audit Report Findings of Independent Consultant
August 07, 1997 -   NASD Board Approves New Taping Rule and Approves Order Audit Trail System Implementation
August 07, 1997 -   NASD Announces SEC Approval of Proposed Code of Procedure and New Membership Rules
August 07, 1997 -   NASD Proposes Eliminating Mandatory Arbitration of Employment Discrimination Claims for Registered Brokers
July 23, 1997 -   NASD Regulation, Inc., Bars 20 More Registered Representatives Suspected of Using an Impostor to Take Qualification Examination
July 22, 1997 -   NASD Regulation Enhances Web Site; Worldwide Regulatory Links and Treasury Department Connection Added
July 21, 1997 -   NASD Regulation Board Votes to Send Debt Mark-Up and Electronic Communications Rules to Sec; Public Comment Requested on Two New Items
July 14, 1997 -   NASD Regulation Names Mary Alice Brophy Executive Vice President for Member Regulation
June 26, 1997 -   NASD Announces Plan for Restructuring Boards to Streamline Decision Making
June 26, 1997 -   Nancy Kassebaum Baker Elected to NASD Board of Governors
June 26, 1997 -   Jon S. Corzine Elected to NASD Board of Governors
June 25, 1997 -   Nancy Kassebaum Baker Nominated to NASD Board of Governors
June 12, 1997 -   NASD Regulation Suspends, Fines, and Censures 15 Brokers at H.J. Meyers & Co., Inc. for Overcharging Customers
June 03, 1997 -   NASD Seeks Public and Industry Comment on Decimalization
June 02, 1997 -   NASD Appoints Two Senior Executives-Salvatore F. Sodano Named CFO Robert D. Leahy Named Senior Vice President, Corporate Communications
May 16, 1997 -   NASD Regulation Fines and Censures First Albany in First Case Against ARMACON
May 13, 1997 -   NASD Regulation Details A.R. Baron Regulatory History
April 25, 1997 -   NASD Regulation Appoints Municipal Securities Compliance Regulator
April 21, 1997 -   NASD Regulation Create New Advertising Investigating Unit
March 12, 1997 -   NASD Regualtion Censures and Fines Smith Barney and Lehman Brothers $250,000 Each; Orders $5.6 Million in Refunds to Customers
March 03, 1997 -   NASD Regulation Announces New Regional Directors for Dispute Resolution Office
February 19, 1997 -   NASD Launches Major Public Disclosure, Investor Education Initiative
January 28, 1997 -   Frank G. Zarb Named Chief Executive Officer of NASD
January 20, 1997 -   NASD Regulation Announces Disciplinary Action