Rom-Bo Trading Co. (CRD #37554, Chicago, Illinois) received a censure and fine of $10,000. According to the findings, the firm was also required to revise its supervisory procedures with respect to SEC and NASD firm quote rules. Without admitting or denying the allegations, the firm consented to the described sanctions and to the entry of findings that, as a registered market maker in securities, it failed to execute orders presented at the firm's published bid or published offer in an amount up to its published quotation size and, thereby, failed to honor its published quotation. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CMS010006 )
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