CIBC Oppenheimer (CRD #630, New York, New York) received a censure and fine of $50,000. According to the complaint, the firm failed to have in place a supervisory system adequate to oversee and monitor the activities of individuals acquiring and selling certificates of participation. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CAF000020)
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