Quantlab Securities, LP, of Houston, TX, was censured and fined $17,500 by FINRA and was also required to revise its written supervisory procedures.
The FINRA findings stated that the firm’s supervisory system did not provide for supervision reasonably designed to achieve compliance with respect to certain securities laws and regulations concerning anti-intimidation/coordination, sales transactions and other rules.
To review Quantlab’s entire FINRA disciplinary record on the BrokerCheck website, see our ‘Research Your Broker” page.
Rex Securities Law provides nationwide representation to investors seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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