Inter Securities, Ltd. (CRD #40733, Encino, California) received a censure and fine of $10,000. According to the findings, the firm failed to ensure that it maintained and designated in its written supervisory procedures, an appropriately registered principal to carry out the supervisory responsibilities of the firm for each type of business in which it engaged. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #C07010094)
Did Inter Securities, Ltd. manage your investments?
SHEPHERD, SMITH & EDWARDS, LLP
Offices and Associates:
New York, Chicago, San Francisco, Dallas,
Houston, New Orleans, Phoenix,
and Mexico City.
Main Office: 1010 Lamar, Suite 900, Houston,
Tel. (713) 227-2400 - Fax. (713) 227-7215