The SEC could have busted Madoff as early as 1992 if it had followed basic forensic procedures. Nov 3, 2009
Kotz reports that in 2006, two days before Madoff was interviewed by the SEC, a member of the team contacted the National Association of Securities Dealers, the body that Madoff had once chaired, to discuss Madoff's securities trading, including options trading. The SEC staffer asked such basic questions that the NASD official contacted the SEC to say that he did not believe the SEC understood the subject matter well enough to conduct the Madoff interview. (Sydney Morning Herald -- Business)
Books shed light on Bernard Madoff's shady activities Sep 18, 2009
She drills down to Madoff's Wall Street days of a young stock trader in the 1960s and details his vision of electronic trading in the 1980s and his role in promoting and using Nasdaq (National Association of Securities Dealers Automated Quotation System), a nationwide electronic network of broker-dealers. She tracks his path to becoming a golden boy with a cozy relationship with the SEC as far back as the 1970s. (USA Today -- Money)
At Stanford's Miami office, documents were routinely shredded Aug 10, 2009
Randy Place, a former lawyer with the National Association of Securities Dealers, said all brokers are subject to scrutiny. They're registered with the state. (The Palm Beach Post)
New securities market to rescue SMEs Aug 4, 2009
We have the Apples and Microsofts in Ghana, one of the consultants is quoted as saying in apparent reference to the success story of US big shots that began their rise to success on a similar over-the-counter platform, the Nasdaq (National Association of Securities Dealers Automated Quoting System) that was set up to groom young companies for the New York Exchange (NYSE). The Securities and Exchange Commission will soon hold consultative workshops with stakeholders including SMEs after which... (Ghana Web, Ghana)
Famous Black American Stockbrokers Jul 31, 2009
Shortly thereafter, Norman McGhee in 1952 launched the first black-owned investment firm to obtain a license from the National Association of Securities Dealers (NASD), now known as the Financial Institution Regulatory Authority, or FINRA. Just three short years later, in 1955, the so-called Wizard of Wall Street, Philip Jenkins, co-founded Special Markets, Inc., which was the first black-owned and operated investment firm actually located within the Wall Street financial district. A documentary... (Suite101.com)
The following is an investment opinion release issued by Pennystockchaser.com Jun 27, 2009
com is a member of the National Association of Securities Dealers, CRD number 1818665. For further information, please contact: PennyStockChaser Editorial Staff Email. (PR Newswire)
Allen Dumps Charter Stock Jun 20, 2009
The stock, which had on the National Association of Securities Dealers Automated Quotation system (NASDAQ) shortly after Charter filed for , has been trading on the over-the-counter market, also known as the "pink sheets." The stock was trading at about 3 cents per share in Friday morning trading. Just why Allen chose to sell what are essentially worthless shares - and who would buy them - is a mystery. (Multichannel News)
PennyStockChaser.com Presents - The London Stock Exchange Jun 5, 2009
com Presents - The London Stock Exchange. com Presents - The London Stock Exchange. (PR Newswire)
Today's important stock alerts include: XOM, LMT, LOW, MCK, MER May 30, 2009
com is a member of the National Association of Securities Dealers, (CRD #1896673). SOURCE SecretPennyStocks. (PR Newswire)
Stock Alerts to Watch on May 26th by PennyStockChaser: NFLD, SAY, ARUN, OXGN, ULU and RF May 26, 2009
MONTREAL, May 25 /PRNewswire/ - Every trading day PennyStockChaser. com sifts through thousands of stocks to identify those that are poised and ready to move up. (PR Newswire)
Must Watch Daily Canadian Stock Alerts by PennyStockChaser: SAB, AVL, SGA, HEG, AEN and TIM May 26, 2009
Text hiding to spacing. MONTREAL, May 25 /PRNewswire/ - Every trading day PennyStockChaser. (PR Newswire)
Shepherd Smith Edwards & Kantas Files Claim Against UBS International on Behalf of a Latin American Client May 14, 2009
HOUSTON, May 13 /PRNewswire/ -- Shepherd Smith Edwards & Kantas LLP (), a firm specializing in litigation/arbitration involving securities fraud and brokerage firm misconduct has filed an arbitration claim (Case# 09-02093) on behalf of a client of UBS International ("UBSI") through the Financial Industry Regulatory Authority (), formerly the National Association of Securities Dealers ("NASD"). The claim was filed against UBSI, a division of UBS (NYSE: ). (PR Newswire)
Brokers Could Face Jail Time for Misleading Clients May 12, 2009
The current criminal case will likely lead to indictments of other brokers in instances of flagrant fraud, said Joe Peiffer, an attorney with Fishman Haygood Phelps Walmsley Willis & Swanson, LLP. Peiffer represented a group of investors against McFadden in a National Association of Securities Dealers case. Attorney Fogel said that, despite the ground-breaking prosecution, "More regulation is needed to protect investors," especially in regards to variable annuities, which are complex. (SmartMoney)
Shepherd, Smith, Edwards & Kantas Has Filed Another Claim Against UBS International for a Latin American Client -- UBS Apr 18, 2009
HOUSTON, April 17, 2009 (GLOBE NEWSWIRE) -- Shepherd, Smith, Edwards & Kantas LLP (), a firm specializing in litigation/arbitration involving securities fraud and brokerage firm misconduct, has filed another arbitration claim on behalf of a client of UBS International (``UBSI'') through the Financial Industry Regulatory Authority (), formerly the National Association of Securities Dealers (``NASD''). The allegations in the claim are similar to claims filed earlier this year against UBSI, a... (Primezone Releases)
Stanford Coaxed $5 Billion From Investors as SEC Weighed Enforcement Power Apr 17, 2009
During that period, Schapiro, now 53, held various senior positions at Finra, based in Washington, and its predecessor, the National Association of Securities Dealers, ultimately becoming chief executive. Shocking Failure. (Bloomberg)
LiquidTycoon.com Issues Technical Trade Alerts On Hot Stocks With Monster Potential: GOOG, CREE, DNDN, COMS, WZEN, & DTO Apr 8, 2009
com Issues Technical Trade Alerts On Hot Stocks With Monster Potential: GOOG, CREE, DNDN, COMS, WZEN. com Issues Technical Trade Alerts On Hot Stocks With Monster Potential: GOOG, CREE, DNDN, COMS, WZEN, div. (PR Newswire)
TryPennyStocks.com Issues Hot Stocks With Monster Potential: YHOO, ASGR, MV, TIS, NTES, & MBND Apr 8, 2009
com Issues Hot Stocks With Monster Potential: YHOO, ASGR, MV, TIS, NTES. com Issues Hot Stocks With Monster Potential: YHOO, ASGR, MV, TIS, NTES, /div. (PR Newswire)
Allan James Group Issues Technical Trade Alerts on: JPM, MGM, WFC, WYNN, XOM Apr 4, 2009
Julio Serrano of Stock Preacher is a member of the National Association of Securities Dealers, CRD number 1603068. Buzz up. (Yahoo! Wire -- Entertainment News)
Beacon Equity Issues Trade Alerts on Entertainment Stocks: DIS, TWX, CKXE, NWS, NYT, VIA-B Apr 1, 2009
David C. Masson of Beacon Equity Research is a member of the National Association of Securities Dealers, CRD number 2207572. Available Topic Expert(s): For information on the listed expert(s), click appropriate link. (Yahoo! Wire -- Entertainment News)
Charter Receives Delisting Notice Apr 1, 2009
As expected, Charter Communications said late Monday that it has received a notice from the National Association of Securities Dealers Automated Quotation system (NASDAQ) that its stock will be suspended and delisted from the NASDAQ Exchange effective on April 7. The move was largely expected after Charter on March 27. (Multichannel News)
Where To Search For Rising Bargain Stocks During Tough Economic Conditions Mar 28, 2009
com is a member of the National Association of Securities Dealers, CRD number 2124654. SOURCE PennyPic. (PR Newswire)
13 People Having the Worst Month Ever Mar 21, 2009
And yet he lived his life like a king, like the former chairman of the National Association of Securities Dealers that he was, with yachts and mansions in the Hamptons and Mayfair. In fact, noted judge of character and bankruptcy-addict Donald Trump said "he was a pretty respected guy." That says it all. (Slate)
Mutual Funds &Personal Finance Mar 21, 2009
For example, the ADV for Bernard L. Madoff Investment Securities spells out two instances when the firm was fined and censured by the National Association of Securities Dealers. Censures and fines are fairly common, Springer notes. (Investors Business Daily)
Stock Preacher Issues Technical Trade Alerts on: AIG, BAC, BP, C, CYCC Mar 19, 2009
Julio Serrano of Stock Preacher is a member of the National Association of Securities Dealers, CRD number 1603068. SOURCE Stock Preacher. (PR Newswire)
XplosiveStocks.com: SGP, TEVA, SBUX, MO, Q, NLY Hot Stock Alerts! Mar 14, 2009
com: SGP, TEVA, SBUX, MO, Q, NLY Hot Stock Alerts. com: SGP, TEVA, SBUX, MO, Q, NLY Hot Stock Alerts. (PR Newswire)
Fraud Expert Discusses Keys Of Ponzi Scheme Mar 13, 2009
"Perpetrators of Ponzi schemes rely on the credibility of me being on Oprah, or Madoff being former chairman of the NASD (National Association of Securities Dealers), so therefore he couldn't be a perpetrator of fraud ," said Minkow. We've seen how that turned out. (TheSanDiegoChannel.com, CA)
WHAT FREDDIE SAYS: Read the announcement Mar 12, 2009
Prior to that, he served as chairman and CEO of the National Association of Securities Dealers from 2001 to 2006, after first serving as its CEO and president and a member of its board. Over the years, he has been a lecturer at the Kennedy School, undersecretary of the Treasury for Finance and a professor of finance at the Harvard Business School. (USA Today -- Money)
Stanford case another black eye for SEC Feb 23, 2009
The company paid $20,000 to settle charges by the National Association of Securities Dealers without admitting or denying them. Stanfords businesses were inspected and investigated several times, starting in 2006 by the SEC and in 2004 by the NASD, the brokerage industrys self-policing group, now called the Financial Industry Regulatory Authority, or FINRA. NASDs scrutiny resulted in several disciplinary actions: the regulator fined his brokerage company four times, with penalties... (MSNBC -- Business)
Strategies for email archiving and meeting compliance regulations Feb 20, 2009
There are also various rules, imposed by bodies such as the Securities and Exchange Commission, the National Association of Securities Dealers, and the New York Stock Exchange, that cover the handling and storage of electronic messages. Although these are mainly touch firms in the financial services industries, they add to the weight of regulation, which requires electronic messages to be stored and secured against alteration, deletion and inappropriate access, yet easily retrievable when... (Search Security, MA)
> Brokers with five or more disclosures on their record Feb 13, 2009
One regulatory action; National Association of Securities Dealers censured and fined him $500 in 1980 for violation of rules of fair practice. Michael John Mulherin. (Baltimore Business Journal, MD)
