FINRA panel expels Alpine Securities, orders $2.3
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Posted On: 07/15/2023 2:06:15 PM
FINRA panel expels Alpine Securities, orders $2.3 million in restitution
https://www.securitieslaw.com/blog/2022/04/fi...stitution/
Source:
https://www.finra.org/media-center/newsreleas...ers-alpine
$13
$CRGP
https://www.securitieslaw.com/blog/2022/04/fi...stitution/
Quote:
A FINRA extended hearing panel made the decision last week to expel the firm and also ordered it to pay over $2.3 million in restitution to clients. The authority said it took the action after Alpine Securities converted and misused customer funds and securities , engaged in unauthorized trading , charged customers unfair prices in securities transactions and unreasonable fees, and made an unauthorized capital withdrawal.
The panel, which heard the case for 19 days, also ordered the firm to permanently cease and desist from converting or misusing customer funds or securities.
Source:
https://www.finra.org/media-center/newsreleas...ers-alpine
$13
$CRGP
(2)
(0)Calissio Resources Group, Inc. (CRGP) Stock Research Links
U.S. Constitution
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"The Preamble
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
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Quote:
If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/
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