FINRA - Press Room - News Release 2005 Index

12/28/05	Bird Flu Stock Scam Hazardous to Financial Health, NASD Alert Warns
12/27/05	NASD: 2005 in Review
12/22/05	NASD Foundation Awards Grant to Southern New Hampshire University To Develop Financial Literacy Training Program for High School Students
12/22/05	NASD Foundation Awards Grant to University of Tennessee to Deliver Workplace Investor Education to Young Adults
12/22/05	NASD Foundation Funds Online Learning Tool for Young Investors
12/22/05	NASD Foundation Approves Grant for National 4-H Investment Club Program
12/22/05	NASD Foundation Okays Investor Education Grant To Benefit Tribal Youth
12/22/05	Kidz Online Awarded $340,294 Grant by NASD Foundation for Financial Literacy Web Show
12/20/05	Hedge Fund Manager, Former Broker John F. Mangan, Jr. Barred, Fined $125,000 To Resolve Charges in PIPE Shares Deal
12/19/05	NASD Fines Merrill Lynch, Wells Fargo and Linsco $19.4 Million For Improper Sales of Class B and C Mutual Fund Shares
12/16/05	NASD Foundation Funds Educational Programs for Young Adult Investors
12/13/05	NASD Cautions Investors About Cell Phone Spam Touting Hot Stock Tips
12/13/05	NASD Orders Chase Investment Services to Pay More Than $290,000 For Permitting Hedge Fund to Market Time Mutual Fund Shares
12/12/05	NASD Fines Clearing Firm, Two Other Firms More Than $300,000 For Facilitating Violations of Net Capital Rule
12/1/05	NASD Fines Ameriprise Financial Services $12.3 Million for Directed Brokerage Violations
11/29/05	NASD Charges Kirlin Securities, Two Individuals in Fraudulent Scheme To Avoid Nasdaq Delisting of Parent Company by Manipulating Stock Price
11/22/05	NASD Fines State Street Global Markets Record $1.4 Million For Corporate and Municipal Bond Trade Reporting Violations
11/16/05	NASD Launches New Online Tools for Investors, Brokers
10/31/05	NASD Fines Three Firms $6.75 Million, Expels a Fourth Firm for Corporate High Yield Bond Trade Violations
10/26/05	NASD Fines Ameriprise Financial Services, Inc. $500,000 for Supervisory Violations in 529 College Savings Plan Sales
10/19/05	Green Street Advisors Fined $150,000 for Issuing Research Reports Prepared by Unregistered Research Analysts
10/18/05	NASD Fines Instinet and INET ATS $1,475,000 for Inaccurate Execution Quality Reports, Inadequate Supervision and Other Violations
10/17/05	NASD, Bloomberg Launch Revolutionary Corporate Bond Indices
10/10/05	NASD Charges Eight Firms with Directed Brokerage Violations, Imposes Fines Totaling More Than $7.75 Million
10/6/05	NASD, NYSE Regulation, and NASAA Applaud SEC Approval of New, Uniform Definition of "Branch Office" and Centralized Registration System
10/3/05	NASD Fines First Allied Securities Over $400,000, Orders More Than $325,000 in Restitution for Market Timing Violations
10/3/05	NASD Orders ING Funds Distributor to Pay $1.5 Million Fine, $1.4 Million in Restitution for Permitting Improper Market Timing
10/3/05	NASD Fines Janney Montgomery Scott $1.2 Million for Market Timing and Other Violations; Orders Restitution of Nearly $1 Million
9/30/05	NASD Fines David Lerner Associates $115,000 For Misleading Advertising and Communications With The Public
9/29/05	Edward D. Jones Fined $300,000 for Failing to Disclose Municipal Bond Yields on Confirmations to Customers
9/27/05	NASD to Expand Public Dissemination of Corporate Bond Transaction Data
9/16/05	NASD Issues Alert Warning Investors of Stock Fraud after Katrina
9/14/05	NASD DR Reduces Mediation Prices in October during 'Settlement Month' As NASD's Mediation Program Celebrates 10-Year Anniversary
9/6/05	NASD Issues Alert on Financial Scams Targeting Non-U.S. Investors
9/2/05	NASD Issues Guidance, Offers Relief to Firms Affected by Katrina
8/25/05	NASD Foundation Funds Investor Education Training Program for Low-Income Young Adults Through PASE
8/11/05	NASD Fines Hantz Financial $675,000 for Fraud, Misrepresentations Related to Undisclosed Revenue Sharing Arrangements
8/8/05	NASD Issues Guidance Regarding Equity Indexed Annuity Sales
8/2/05	NASD Orders Morgan Stanley to Pay Over $6.1 Million for Fee-Based Account Violations
7/28/05	NASD Warns Investors to Protect Online Account Information
7/27/05	NASD Acts to Clarify, Expand Regulatory Relief For Associated Persons on Active Military Duty
7/26/05	NASD, NYSE Regulation and U.K.'s Securities & Investment Institute Agree to Create New, International Securities Qualification Exam
7/25/05	NASD DR Seeks to Tighten Definition of "Public Arbitrator"
7/6/05	NASD Fines Hornor, Townsend & Kent, Inc. $325,000 for Improper Sales Contests, Email and Supervision Violations
6/29/05	NASD Fines 20 Firms $1.65 Million for Municipal Trade Reporting Violations
6/14/05	NASD Charges Gunnallen Broker with Threatening Public Company
6/13/05	NASD Charges Pennsylvania's Scott W. Ryan, Ryan & Company with Impermissible Short Selling Scheme for Hedge Fund Clients
6/9/05	NASD Fines Morgan Stanley $2.7 Million for IPO Lock-Up Violations; J.P. Morgan to Pay $150,000, Goldman Sachs $125,000 for Similar Violations
6/8/05	NASD Charges 15 Firms with Directed Brokerage Violations, Imposes Fines Totaling More than $34 Million
6/3/05	Statement of NASD Chairman and CEO Robert R. Glauber Regarding the Nomination of Representative Christopher Cox to Become Chairman of the Securities and Exchange Commission
6/1/05	Statement of NASD Chairman and CEO Robert R. Glauber Regarding the Resignation of SEC Chairman William H. Donaldson
5/25/05	NASD Puts Focus on "Hot" Compliance Issues with E-Learning Exchange, Free Webcasts Designed to Educate Frontline Staff
5/24/05	NASD Unveils Online "Smart Bond" Learning Center Aimed at Growing Number of Retail Investors in Bond Markets
5/18/05	Hedge Fund Manager Hilary Shane Barred, to Pay $1.45 Million to Settle NASD, SEC Fraud and Insider Trading Charges Related to Purchase and Sale of Compudyne PIPE Shares
5/9/05	SunTrust Capital Markets Fined $100,000 for Failing to Register Research Analysts Under New Rules
5/5/05	NASD Charges Oppenheimer & Co. With Thwarting Investigation, Late and Inaccurate Reporting of Thousands of Muni Bond Transactions
5/4/05	NASD Investor Education Foundation Calls for Research Aimed at Improving Information Disclosed to Investors
4/29/05	Waddell & Reed, Inc. Agrees to Pay $5 Million Fine, up to $11 Million in Restitution to Settle NASD Charges Relating to Variable Annuity Switching Campaign
4/27/05	NASD Fines Raymond James $750,000 for Fee-Based Account Violations
4/25/05	NASD Proposes Revising Definition of Public Arbitrator
4/21/05	NASD Proposes Banning Most Cash Sales Contests
4/20/05	Former Knight Trader Joseph Leighton Barred, Ordered to Pay $4 Million to Settle Charges of Fraudulent Trades with Institutional Customers
4/14/05	Ladenburg Thalmann Agrees to Repay $1.2 Million to Customers Overcharged in Proceeds Transactions
4/13/05	Better Business Bureau Investor Ed Project Wins NASD Foundation Nod
4/13/05	Helping Women Play Games with their Financial Futures
4/13/05	NASD Foundation Funds CFA Project to Increase Investor Knowledge of Mutual Funds
4/13/05	NASD Foundation Funds Investor Education Program for Native Americans
4/13/05	Investing, His & Hers: NASD Foundation Funds Iowa Study to Explore How Gender Affects Investing Behavior
4/13/05	NASD Foundation Funds Model Law Clinic in Chicago
4/13/05	NASD Promotes Investor Education in Louisiana
4/13/05	NASD Foundation Funds Princeton Study to Explore How Bias Affects Investment Decisions
4/13/05	NASD Foundation Funds Rutgers University-Camden Study to Explore 401(k) Fund Choices by Women Investors
4/13/05	NASD Foundation Funds Study to Learn Why Elderly are More Frequently Victimized by Financial Fraud Crimes
4/13/05	NASD Sanctions First Command Broker for Deceptive Conduct
4/6/05	NASD Offers Firms Best Practices for Reviewing New Investment Products
4/5/05	NASD Investor Education Foundation Announces 2005 Grant Cycle
4/4/05	NASD Endorses Concise, Web-Based Point of Sale Mutual Fund Disclosure
3/31/05	Florida Brokerage Firm LH Ross Expelled, Owner Franklyn Michelin Barred for Life to Settle NASD Charges of Widespread, Ongoing Fraud
3/30/05	Thomas Weisel Partners to Pay $1.75 Million to Settle NASD Charges of IPO, E-Mail Retention Violations
3/28/05	NASD Expands Reach of Dispute Resolution Forum To All 50 States
3/23/05	NASD Fines Citigroup Global Markets, American Express and Chase Investment Services More Than $21 Million for Improper Sales of Class B and C Shares of Mutual Funds
3/22/05	NASD Fines Spear, Leeds & Kellogg $1 Million for Concealing Sales of IPO Shares
3/16/05	Jefferson Pilot to Pay Over $500,000 in First VUL Market Timing Action; NASD Also Fines Affiliate $125,000 for E-Mail Retention Violations
3/7/05	NASD Charges Knight Securities' Kenneth Pasternak, John Leighton With Supervisory Violations in Fraudulent Sales to Institutional Customers
3/3/05	NASD Investor Education Foundation Announces First Grant Awards
2/25/05	NASD Issues Summary Suspension of Brokerage LH Ross
2/24/05	NASD Charges California Broker With Fraud in Municipal Securities Transactions
2/23/05	NASD Fines Former Jesup & Lamont Research Analyst for Trading Contrary to His Own Recommendations
2/22/05	NASD Fines Quick & Reilly, Piper Jaffray $845,000 for Directed Brokerage Violations
2/17/05	NASD Warns Investors Too Much Company Stock Can Jeopardize Financial Future
2/16/05	NASD Charges American Funds Distributors, Inc. with Arranging $100 Million in Directed Brokerage Commissions for Top Sellers of American Funds
2/7/05	NASD's Fully Implemented "TRACE" Brings Unprecedented Transparency to Corporate Bond Market
2/2/05	NASD Investor Education Foundation Announces New Grant Program
1/31/05	NASD Bars Todd Eberhard, Former Park South Chairman and Once-Popular Television Personality
1/27/05	New Arbitration Rule Requires Award Explanations Upon Investor Request
1/21/05	NASD Fines Scottrade, Inc. $250,000 for Improperly Extending Credit to Cash Account Customers
1/19/05	NASD Panel Expels Florida Brokerage LH Ross, Orders Nearly $12 Million in Fines, Restitution; Issues First Permanent Cease and Desist Order
1/14/05	NASD Fines Analyst $75,000 for Circulating Rumor
1/13/05	NASD Hearing Panel Expels Yankee Financial for Fraud, Orders Payment of More Than $3.8 Million in Restitution
1/12/05	Banc One Securities Corporation Fined $400,000 for Supervisory Failures Relating to Late Trading
1/4/05	NASD Members Elect Seven Governors to Board