Municipal Securities

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 ...

This matter involves violations of Municipal Securities Rulemaking Board (“MSRB”) rules by MSSB. Between June 2013 and December 2017, MSSB recommended 135 “swap” transactions to ...

These proceedings arise out of a fraudulent scheme carried out by Muldoon, a former Wells Fargo Clearing Services, LLC (“Wells Fargo”) trader, to evade the ...

These proceedings involve a violation of the Municipal Securities Rulemaking Board’s (“MSRB”) “fair dealing” rule by Respondent in connection with a municipal bond offering. In ...

The SEC's complaint alleged, among other things, that Wells Fargo, which served as the placement agent for the 38 Studios bond offering, failed to disclose ...