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Municipal Securities

This is the third municipal bond offerings case in four months
Roosevelt lacked policies and procedures reasonably designed to prevent and detect these violations by its registered representatives
Welsh placed orders for new issue municipal bonds with Dockside and Murphy to obtain bonds for Roosevelt’s inventory when he should have known that they, ...
The suit is a bid to invalidate an order allowing MAs' to arrange private placements without registering as B-Ds
UBS has taken a number of remedial steps, including reviewing and improving its retail order period policies and procedures, introducing retail order period training for ...
MSRB Rule G-17 provides in relevant part that, in the conduct of its municipal securities business, every broker-dealer shall deal fairly with all persons and ...
Costas negligently submitted these inaccurate zip codes with Pinzon’s orders when he should have known that they did not correspond to Pinzon’s residence
During his time on the UBS syndicate desk, Orellana understood that flippers generally did not qualify for retail priority
New issue municipal bonds were improperly obtained
Regulators hate to see repeat violations and will penalize firms for not taking prompt corrective action the first time an issue is cited. UBS Financial ...

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