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Credit Lyonnais Securities (USA), Inc.

Credit Lyonnais Securities (USA), Inc. (CRD #190, New York, New York) received a censure and fine of $15,000. In addition, the firm was required to revise its written supervisory procedures concerning transaction reporting and compliance. According to the findings, the firm failed, within 90 seconds after execution, to transmit to ACT last sale reports of transactions in Nasdaq National MarketŪ (NNM) and eligible securities. Additionally, the findings showed the firm failed to transmit through ACT, last sale reports of transactions in NNM securities and eligible securities, and failed to designate through ACT, the last sale reports as late, and failed to designate as ".T" through ACT, last sale reports of transactions in NNM securities executed during normal market hours. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CMS000259)

Did Credit Lyonnais Securities (USA), Inc. manage your investments?



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