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Violation Tracker Individual Record

Company: Boston Capital Securities, Inc.
Penalty: $1,200,000
Year: 2006
Date: March 21, 2006
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: financial institution supervision failures
Violation Description: NASD fined Boston Capital Securities, Inc. (BCSI) $1.2 million for violations relating to the firm's public offerings of tax-advantaged limited partnership interests. NASD also charged BCSI for supervisory deficiencies relating to the firm's underwriting of public securities offerings.
Level of Government: federal
Action Type: agency action
Agency: Financial Industry Regulatory Authority
Civil or Criminal Case: civil
Source of Data: NASD Fines Boston Capital Securities $1.2 Million for Corporate Financing Disclosure and Compensation Violations, PR Newswire, March 21, 2006 (via Nexis).
Notes: FINRA is a securities industry self-regulatory body authorized by the federal government. This case was handled by its predecessor, the National Association of Securities Dealers (NASD).
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.