Tejas Securities Group, Inc. (CRD #36705, Austin, Texas) received a censure and fine of $12,000. According to the findings, the firm failed, within 90 seconds after execution, to transmit through ACT last sale reports of transactions in OTC equity securities and failed to designate through ACT such last sale reports as late. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CMS040155)
Did Tejas Securities Group, Inc. 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