CIBC World Markets Corp. (CRD #630, New York, New York) received a censure and fine of $15,000. According to the regulators, the firm failed to display immediately customer limit orders in Nasdaq securities in its public quotation when each such order was at a price that would have improved the firm's bid or offer in each such security, or when the order was priced equal to its bid or offer and the national best bid or offer for each such security, and the size of the order represented more than a de minimis change in relation to the size associated with its bid or offer in each such security. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CMS010129)
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