Securites Fraud Attorneys SHEPHERD, SMITH & EDWARDS, LLP
stock fraud online consultations
Skip to main content
about Our Stock Attorneys contact stock lawyers securities arbitration questions Securities fraud news Broker Misconduct Resources and links about investment protection en Espanol
Free Consultation

or call
1-800-259-9010


Kaufman Bros., L.P.

Kaufman Bros., L.P. (CRD #37909, New York, New York) received a censure and fine of $12,000. The regulators claimed the firm failed to file with the NASD in a timely manner completed Free-Riding Questionnaires that dealt with securities offerings. The firm also failed to have current information on file when it sold shares of IPOs in accordance with the NASD Board of Governors Free-Riding and Withholding Interpretation. Additionally, the firm failed to disclose the reported trade price on written notifications of securities transactions. The firm also failed to mark short sale trades with the correct symbol. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #C06990019)

Did Kaufman Bros., L.P. manage your investments?

 

 

If you would like one of our specialists to provide a free consultation, please let us know how to reach you:

 Your Name

 Your Phone

 Your Question / Situation