FINRA Suspends Broker-Dealer and its President

FINRA News Release

April 19, 2011

FINRA announced that it has indefinitely suspended a Texas-based broker-dealer and its president for failing to comply with a FINRA temporary cease-and-desist order regarding fraudulent misrepresentations in connection with the sale of certain oil and gas joint interests.

Cross References

FINRA Interim SuspensionFINRA Temporary Cease-and-Desist Order