finra

FINRA

1998 News Releases

   

December 22, 1998 -   NASD Regulation Sanctions and Fines VTR Capital, Inc. and Former President for Market Manipulation and Illegal Profits; Additional $300,000 Restitution Ordered
December 21, 1998 -   NASD Holds Annual Meeting
December 11, 1998 -   NASD Board Approves Agency Quote Proposal and Interim Approach to SOES/SelectNet Integration
December 08, 1998 -   NASD Announces Members of New Bond Market Transparency Committee
December 01, 1998 -   NASD Announces New Organizational Structure
November 24, 1998 -   NASD Names George Friedman Senior Vice President of Dispute Resolution
November 19, 1998 -   NASD Regulation Fines and Sanctions Paragon Capital and President $135,000
November 03, 1998 -   NASD Regulation Sanctions Olde Trader for Anti-Competitive Harassment of a Nasdaq Market Maker; Firm also Fined
November 02, 1998 -   NASD Announces Corporate Consolidation in Montgomery County, Maryland
November 02, 1998 -   NASD Regulation Fines Lexington Capital, President for Securities Violations; Both Ordered to Pay Restitution to Investors
November 02, 1998 -   NASD and AMEX Merger Completed the NASDAQ-AMEX Market Group Formed
October 22, 1998 -   SEC Approves List Selection Method for NASD Regulation Arbitration Forum
October 20, 1998 -   NASD Regulation Institutes Proceedings Against 59 Firms for Late Y2K Filings
October 19, 1998 -   NASD Announces Agreement-in-Principle with EDS to Create NasTech Alliance
October 08, 1998 -   NASD Board Approves Temporary Cease and Desist Authority Rule Filing
October 08, 1998 -   NASD Proposes Enhancements to Arbitration of Securities Industry Employment Discrimination Claims
October 01, 1998 -   Dennis Hensley to Head NASD Institute for Professional Development
September 30, 1998 -   NASD Regulation Charges LT Lawrence & Co., Inc. and Principals With Fraud
September 23, 1998 -   NASD Regulation Continues Microcap Market Focus; Complaints Name Brokers at Greenway Capital and Kensington Wells
September 23, 1998 -   NASD Regulation Sanctions Hibbard, Brown Branch Managers
September 16, 1998 -   NASD Regulation Fines DLJ $100,000 For Trading Halted Stock
September 15, 1998 -   NASD Regulation's Advanced Detection System Wins Awards From Smithsonian, Data Warehousing Institute, and Artificial Intelligence Association
September 10, 1998 -   NASD Regulation Fines Olde Discount Corp. $1.35 Million; Founder Ernest Olde Also Fined $500,000 and Suspended
September 10, 1998 -   NASD Appoints Michael D. Jones Chief Administrative Officer
September 09, 1998 -   NASD Statement on the Importance of Transparency in America's Debt Market
September 09, 1998 -   NASD Announces Final Agreement With OptiMark Technologies
August 07, 1998 -   NASD Board of Governors Approves Rule Changes and Amendments
July 27, 1998 -   NASD Regulation Fines Troster Singer for Intentional Late Trade Reporting; Six Brokers Also Sanctioned
July 13, 1998 -   NASD Regulation Sanctions Colorado Broker; Restitution Ordered
June 25, 1998 -   NASD Board Approves Cold Calling Rule for Unregistered Individuals
June 25, 1998 -   AMEX Membership Overwhelmingly Approves NASD/AMEX Merger
June 24, 1998 -   Maidstone Financial Fined, Expelled; Four Brokers Also Settle Fraud Charges; Investors to Receive Restitution
June 22, 1998 -   Deutsche Börse and Nasdaq in Preliminary Talks
June 09, 1998 -   Philadelphia Stock Exchange to Join NASD/AMEX Global "Market of Markets"
June 09, 1998 -   NASD Regulation Sanctions 13 Former Stratton Oakmont Principals and Registered Representatives for Sales Practice Violations
May 18, 1998 -   AMEX Issues Voting Materials on Combination with The NASD
May 12, 1998 -   NASD Regulation Charges Biltmore Securities, Inc., and Two Principals With Fraud
May 07, 1998 -   NASD Board Approves Microcap Rule Proposals
May 07, 1998 -   Venture Capitalist Arthur Rock Elected to NASD Board of Governors
May 04, 1998 -   NASD Regulation Fines NationsSecurities $2 Million for Term Trusts Sales; Two Senior Officials and Branch Manager Also Sanctioned
April 13, 1998 -   NASD Regulation Sanctions Morgan Stanley and Seven Traders
April 09, 1998 -   NASD, Amex Boards Approve Definitive Merger Agreement
April 09, 1998 -   SEC to Host Technology Roundtable
March 18, 1998 -   NASD and AMEX to Combine to Create a Global Market of Markets
March 04, 1998 -   Daiwa Securities America to Pay Fine and Restitution
February 23, 1998 -   NASD Regulation Issues Complaint Against VTR Capital Inc. and Three Individuals; Market Manipulation and Illegal Profits of $400,000 Alleged
February 23, 1998 -   NASD Announces Promotion of Richard G. Ketchum to NASD President and Salvatore F. Sodano to NASD Deputy Chief Operating Officer
February 19, 1998 -   NASD Regulation Levies Largest Advertising Fine Ever; Fundamental Service Corp. and Two Senior Executives Sanctioned
February 17, 1998 -   NASD Appoints John L. Hilley Executive Vice President for Strategic Development
February 17, 1998 -   Media Alert
February 17, 1998 -   NASD Creates Small Firm Advisory Board
February 10, 1998 -   NASD Regulation Fines Morgan Stanley $35,000 and Orders $80,000 in Restitution for Failure to Give Best Execution
February 03, 1998 -   NASD Regulation Fines A.S. Goldmen & Co. $200,000 and Orders $1 Million-Plus in Restitution to Customers; President, Vice President, and Trader Also Sanctioned
January 22, 1998 -   NASD Launches New Worldwide Corporate Identity
January 22, 1998 -   NASD Board of Governors Approves Limited Use of Related Performance Information in Mutual Fund Sales Materials
January 22, 1998 -   NASD Board of Governors Approves Qualified Immunity Pilot Program; Four-Year Effort to Obtain More Regulatory Data
January 21, 1998 -   NASD Regulation Issues Complaint Against Monitor Investment Group, Inc. and 17 Principals, Brokers
January 15, 1998 -   NASD Members Approve New Board of Governors
January 05, 1998 -   NASD Regulation Charges Monroe Parker Securities, Inc., Principals With Manipulation, Fraud, And Excessive Markups