Edward D. Jones & Co., L.P. (CRD #250, St. Louis, Missouri) received a censure and fine of $15,000. The firm was also required to revise the firmís supervisory procedures regarding Trade Reporting and Compliance Engine (TRACE) reporting within 30 business days of acceptance of this AWC by the National Adjudicatory Council (NAC). According to the findings, the firm reported a price that included its markup/markdown and improperly reported the markup/markdown again as a commission in transactions reported to TRACE. The regulators also found that the firmís supervisory system did not provide for supervision reasonably designed to achieve compliance with applicable securities laws, regulations, and NASD rules concerning the reporting of transactions to TRACE. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CMS040143)
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