Thomas Weisel Partners, LLC (CRD #46237, San Francisco, California) was fined $200,000.
The sanction was based on findings that the firm allegedly failed to establish and maintain a supervisory system and procedures governing principal transactions the firm effected and that, as a result, transactions that had the potential to, and in fact did, pose a serious conflict of interest, were not subject to effective supervisory review.
This information which is publicly available on FINRA’s website has been provided by The White Law Group, LLC.
If you have questions about investments you made with Thomas Weisel Partners LLC, the securities attorneys of The White Law Group may be able to help. To speak with a securities attorney, please call the firm’s Chicago office at 312/238-9650.
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