Tucker Anthony Incorporated (CRD #837, New York, New York) received a censure and fine of $16,000. According to the findings, the firm failed to report transactions in eligible securities to ACT with a short sale modifier, the correct number of shares, and the correct symbol indicating whether the firm executed the transactions in a principal or agency capacity. Additionally, the regulators stated that the firm failed to display immediately the customer limit orders in its public quotation, when each such order was at a price that would have improved the firm's bid or offer in each such security; or when the order was priced equal to the firm's bid or offer and the national best bid or offer in such security. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CMS010198)
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