Global Financial Services, L.L.C. (CRD #35699, Houston, Texas) was censured and fined $100,000 for failure to establish and implement policies and procedures reasonably expected to detect and cause the reporting of suspicious activities. FINRA's findings stated that despite multiple “red flags” for potentially suspicious activity in several accounts, Global Financial Services failed to investigate the […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, February 2012.”   Bulltick Securities, LLC (CRD #132092, Miami, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $125,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry […]