Regulation D
Tag Archive

  • National Securities Corporation fined by FINRA

    August 3, 2011 Comments (0) Blog, Securities Fraud

    National Securities Corporation (CRD #7569, Seattle, Washington) and Matthew G. Portes (CRD #4995542, Registered Principal, Chicago, Illinois) recently submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and ordered to pay a total of $175,000 in restitution to investors. Portes was

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  • Workman Securities Corporation Sanctioned by FINRA

    May 16, 2011 Comments (0) Blog, Securities Fraud

    Workman Securities Corporation (CRD #31898, Eden Prairie, Minnesota) recently submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and ordered to pay $700,000 in partial restitution to investors. The firm was also ordered to certify in writing to FINRA that it has established and

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  • QA3 Financial to cease operations.

    February 7, 2011 Comments (0) Blog, Securities Fraud

    According to the Investment News, QA3 Financial is to cease operations.  Facing bankruptcy and a potential net capital violation, QA3 Financial Corp. told its 400 brokers late on Friday afternoon it will close in a week. In an e-mail that landed in brokers in-boxes about an hour after the close of the market, Steve

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  • West Virginia Securities Laws

    August 26, 2010 Comments (0) Blog, Securities Fraud

    Each state has its own securities laws. The following are selected sections of the West Virginia securities laws that are generally applicable in FINRA arbitrations. Pursuant to the authority delegated to the Commissioner by §32-4-402(b)(9) and §32-4-412 of the Code of West Virginia, the following transaction is

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