2006 Advertising-Related News Releases

12/18/06   NASD Fines USAllianz Securities $5 Million for Widespread Supervisory, Record-Keeping Violations
11/6/06   "I hope this is your email" Scam Offers No Hope of Profits
11/6/06   NASD Fines Chase Investment Services, MetLife Securities $500,000 Each for Supervisory Violations in 529 College Savings Plan Sales
10/16/06   NASD Fines Citizens Bank Affiliate, CCO Investment Services Corp., $850,000 For Supervisory, Recordkeeping, Telemarketing, Other Violations
9/14/06   NASD Investor Alert Warns Workers About Early Retirement Investment Pitches
9/14/06   NASD Fines Securities America $2.5 Million, Orders $13.8 Million in Restitution in Investment Scheme Aimed at Exxon Retirees
7/17/06   NASD Foundation Study Examines What Makes Elderly Susceptible to Investment Fraud
7/17/06   NASD Fines Citigroup, Credit Suisse and Morgan Stanley $775,000 For Deficient Price Target, Ratings, Other Disclosures in Research Reports
7/5/06   Taking the Mystery Out of Regulatory Processes: NASD Launches Plain-English Webcasts for Compliance Officers and Staff
5/31/06   NASD Fines LaSalle Street Securities $200,000 for Supervisory Violations Related to Fraudulent Schemes Perpetrated by Broker Frank Devine
5/30/06   NASD Hearing Panel Bars Municipal Securities Broker for Fraudulent Sales Practices
5/18/06   NASD Introduces Compliance Podcasts to Get Industry's Ear
5/16/06   Joint Statement of NASD Chairman and CEO Robert Glauber, Minnesota Commerce Commissioner Glenn Wilson Regarding Success of Annuity Roundtable
4/26/06   NASD Investor Alert Warns Workers About Cashing Out of 401(k) Plan
4/26/06   NASD Suspends Broker for 90 Days, Imposes Fine and Disgorgement Totaling $400,000 for Short Sale Violations
4/6/06   NASD Charges A.B. Watley and Former Brokers With Facilitating Mutual Fund Late Trading and Market Timing for Hedge Funds
4/5/06   NASD Fines AIG Affiliate American General Securities, Inc. Over $1.1 Million for Directed Brokerage Violations
3/30/06   Free Financial Education Forum for Military Personnel And Families Featuring Top Regulators, Sen. Daniel Akaka Set for Honolulu
3/15/06   NASD Fines Merrill Lynch $5 Million for Call Center Supervisory Failures, Sales Contest Violations
3/2/06   David Lerner Associates Suspended from Conducting New Business in Variable Annuities, Variable Life Insurance for 30 Days, Fined $400,000 for Violations of New York State, NASD Regulations
2/22/06   NASD, MSRB Issue Joint Statement Pledging Cooperation to Harmonize Mutual Fund, 529 Plan Sales Rules
2/14/06   NASD Orders Diversified Investors Securities to Pay Over $2.2 Million for Facilitating Market Timing
2/8/06   Sanford C. Bernstein & Co., Research Analyst Brad Hintz Fined $550,000 for Violations of Research Analyst Conflict of Interest Rules
2/1/06   NASD Foundation Funds Research to Improve Financial Product Disclosure Information and Calls for Additional Research Proposals
1/9/06   NASD Charges Oppenheimer & Co. and CEO Albert Lowenthal with Knowingly Producing Inaccurate Data to NASD in Breakpoint Sweep