Wayne Hummer Investments, LLC. (CRD #875, Chicago, Illinois) received a censure and fine of $15,000. According to the findings, the firm failed to report its short interest positions for NNM securities to NASD. The findings also stated that the firm's supervisory system did not provide for supervision reasonably designed to achieve compliance with the applicable securities laws and regulations concerning the timely reporting of short interest positions. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CMS040042)
Did Wayne Hummer Investments, LLC. 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