FINRA - Press Room - News Release 2002 Index



12/30/02	NASD Dispute Resolution Establishes New Hearing Location in Puerto Rico
12/20/02	SEC, NY Attorney General, NASD, NASAA, NYSE and State Regulators Announce Historic Agreement to Reform Investment Practices
12/16/02	NASD Announces FIX Availability for ADF
12/10/02	Statement by NASD Chairman and CEO Robert R. Glauber on the Selection of William H. Donaldson for SEC Chairman
12/5/02	NASD Members Elect Eight Governors to Board
12/4/02	NASD Fines American Express Financial Advisors $350,000 for Improper Sales of Variable Annuities and Life Insurance
12/3/02	SEC, NYSE, NASD Fine Five Firms Total of $8.25 Million for Failure to Preserve E-Mail Communications
11/26/02	NASD Board Approves Proposed Interpretive Material Regarding Investment Analysis Tools
11/21/02	NASD Board Approves Increase in Corporate Bonds Disseminated by NASD
11/5/02	NASD to Provide Arbitration Training Online
10/30/02	NASD Announces Proposed Increase of Information Released to the Public
10/30/02	NASD's NAC Upheld Previous Decision; Fraudulent Manipulation and Illegal Short Sales Result in Expulsion of Fiero Bros., Bar of John Fiero and Fine of $1 Million
10/28/02	NASD Fines and Suspends Research Analyst for Misusing Confidential Information Obtained in Clinical Drug Trial; Sterling Financial and Others Also Sanctioned for Misleading and Inaccurate Research Reports
10/18/02	NASD Charges New York Broker Todd M. Eberhard with Numerous Sales and Reporting Violations
10/17/02	NASD Charges National Capital Securities, Its President and Two Research Analysts with Issuing Fraudulent Research Reports
10/16/02	NASD Settles Charges Against Swift Trade Securities for Deceptive Trading and Non-Bona Fide "Wash" Transactions in QQQ
10/15/02	NASD Charges Two Minneapolis Brokers with Insider Trading; Settles with Three Others
10/14/02	NASD Announces First Stage of ADF Roll-Out
10/3/02	NYSE, NASD Move to Strengthen Rules Concerning Analysts, IPOs Both Efforts In Support of Joint Effort with SEC, NY Attorney General
10/2/02	NASD Board Approves Disciplinary Rule Implementing NASAA/NASD Policy Restricting Expungement of Information from CRD
10/1/02	NASD Hearing Panel Bars Broker for Evading Federal Currency Reporting Requirements
9/24/02	NASD Kicks Off Mediation Settlement Month; Lower Mediation Prices for October
9/24/02	NASD and the Chicago Climate Exchange® Reach Historic Agreement
9/23/02	Salomon Smith Barney Fined $5 Million for Issuing Misleading Research Reports on Winstar; Charges Filed Against Jack Grubman and Christine Gochuico
9/19/02	NASD Advises Securities Firms on Tying Arrangements
9/19/02	NASD Streamlines Arbitration Process for Claimants Filing Against Defaulting Suspended or Terminated Industry Respondents
9/10/02	NASD's NAC Fines and Suspends Broker and Orders Restitution for Unsuitable Sales Of Over $2.1 Million of Class B Mutual Fund Shares
9/3/02	NASD, NFA Announce Joint Launch of Web-based Proficiency Training for Security Futures Products
8/21/02	NASD Board Approves Proposal to Allow Use of Investment Analysis Tools
8/15/02	NASD Fines and Suspends Two CSFB Execs for Failing to Prevent IPO Profit Sharing Paybacks
8/6/02	NASD Board Approves Proposed Amendments to Strengthen Authority in Member Application Reviews
7/28/02	NASD Board Approves Proposed Conduct Rules for IPO Activities
7/26/02	NASD's NAC Dismisses Action Against Morgan Stanley Dean Witter
7/25/02	NASD Announces Launch of ADF will be July 29th
7/22/02	NASD Files for Exemption from California Arbitration Rule
7/10/02	NASD Incorpora Material en Español a su Sitio Web Sobre Resolución de Controversias
7/10/02	NASD Adds Spanish Language Material to Its Dispute Resolution Web Site
7/9/02	NASD Charges Hornblower and Weeks with Violating Settlement by Issuing Research During NASD Ban
7/8/02	NASD's National Adjudicatory Council Disciplines Josephthal & Co. for Misconduct During an NASD Arbitration Hearing
7/1/02	NASD Launches TRACE Bond Trade Data System
6/27/02	NASD Charges Swift Trade Securities with Fraudulent and Non-bona Fide "Wash" Transactions in QQQ
6/26/02	NASD Suspends and Sanctions Trader for Marking the Close; Issues Cautionary Note Prior to Russell 2000 Rebalance
6/25/02	NASD Fines U.S. Bancorp Piper Jaffray and Managing Director $300,000
6/20/02	Statement of NASD Chairman and CEO Robert Glauber
6/9/02	NASD Charges Hornblower and Weeks with Violating Settlement by Issuing Research During NASD Ban
6/7/02	NASD Board Approves New Divisional Structure; Extends Term of Chairman and CEO Robert Glauber
6/4/02	NASD Launches College Savings Investor Education Initiative
6/3/02	NASD Launches Tool to Help Brokers Spot Terrorists That May Be Involved in Money Laundering
5/8/02	Statement of NASD Chairman and CEO Robert R. Glauber Regarding SEC Approval of New Analyst Rules
5/7/02	NASD Regulation Fines Hornblower & Weeks, Inc. $100,000 and Suspends Firm From All Research Activities for Six Months; Firm President Also Fined and Suspended
5/1/02	NASD Regulation Settles Stock Manipulation Case with M. H. Meyerson & Co., Inc. and Four Execs
4/18/02	NASD Regulation Censures and Fines Interactive Brokers for Market Systems Violations
4/12/02	The NASD Names Marc Menchel Senior Vice President and Regulation General Counsel
3/21/02	NASD Board Approves Disaster Recovery Business Continuity Plan
3/14/02	NASD and Nasdaq Liffe Markets Sign Regulatory Services Agreement
3/7/02	NASD Files Fee Schedule for Proposed Quotation and Trade Reporting Facility
2/27/02	NASD Regulation Expels First Federal Securities, Inc. and Bars Its Owner and President for False Membership Information
2/21/02	NASD Board of Governors Appoints Four New Members to the National Adjudicatory Council
2/12/02	NASD Launches Analyst Disclosure Investor Education Initiative
2/7/02	NASD Announces New Rules Governing Recommendations Made by Research Analysts
2/7/02	NASD Announces New Rules Governing Recommendations Made by Research Analysts
1/30/02	NASD Board Approves Proposed Rule on Requirements of Anti-Money Laundering Compliance Programs
1/24/02	NASD Board Approves Stock Sale to Nasdaq
1/22/02	NASD Regulation Charges Credit Suisse First Boston with Siphoning Tens of Millions of Dollars of Customers' Profits in Exchange for "Hot" IPO Shares
1/22/02	View Additional Statement Regarding CSFB by NASD Regulation President Mary Schapiro
1/22/02	NASD Dispute Resolution has Record Year
1/18/02	NASD Regulation Charges Tower Square Securities and Files Complaints Against Two Individuals
1/10/02	NASD Announces that OM of Sweden Chosen to Build Alternative Display Facility
1/9/02	NASD Regulation Fines and Censures Worldco, LLC and Former Principal for Day Trading Margin Violations
1/8/02	NASD Regulation Directs Knight Securities to Pay $1.5 Million for Market Violations