International Assets Advisory Corporation (CRD #10645, Winter Park, Florida) received a censure and fine of $10,000. According to the findings, the firm failed, within 90 seconds of execution, to transmit to ACT last sale reports of transactions in NNM, OTC Equity securities, and failed to designate through ACT such last sale reports as late. The findings also stated that the firm failed to designate as ".T" through ACT, last sale reports of transactions in OTC equity securities executed outside normal market hours. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CMS000246)
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