The Camelot Group, Inc. (CRD #31091, Ft. Lauderdale, Florida) received a fine of $32,500. The sanction was based on findings that the firm conducted securities business while failing to comply with its minimum net capital requirement and failed to maintain complete, accurate, and current books and records. The regulators also found that the firm materially overstated its net capital in Financial and Operational Combined Uniform Single reports (FOCUS) for four quarters and failed to file its annual audited financial reports in a timely manner for two years. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #C07040051)
Did The Camelot 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