C.J.M. Planning Corporation (CRD #5698, Pompton Lakes, New Jersey) received a censure and fine of $10,000, jointly and severally with two individuals. The firm was also required to disgorge $3,175 representing its financial benefit from effecting municipal securities trades prior to paying an initial assessment to the MSRB. The findings also showed that the firm failed to maintain its minimum net capital requirement while conducting a securities business. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #C10000117)
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