Ascendiant Capital Markets, LLC (CRD #152912, Irvine, California) was censured and fined $52,500 by FINRA for allegedly failing to record all terms and conditions on a customer order record and document time-in- force; failed to record all terms and conditions on a customer order record and document the correct order receipt time; and failed to […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, February 2012.”   Mercantil Commercebank Investments Services (CRD #117284, Coral Gables, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured, fined $20,000 and required to report to TRACE the transactions that were not previously reported.   Without admitting […]