Scheme maintain short positions in OTC stocks on behalf of three hedge funds
Penalites total more than US$2.9 million
U.S. regulator finds 15 broker-dealers giving preferential treatment
Web site explains bond markets for retail investors
NASD says former Fahnestock & Co. failed to report more than 6,100 municipal bond transactions
Education group asking for grant proposals “that will significantly improve the current disclosure regime”
NASD issues US$750,000 penalty for violations relating to firms’ fee-based brokerage business
Regulator would remove cash, non-cash incentives
NASD accuses American Funds of "directed brokerage"
Exchange, NASD agree to boost oversight