Published On: July 17, 2015

Cantor Fitzgerald & Co entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). According to the AWC, the firm failed to implement policies and procedures that reasonably avoid displaying, or engaging in a pattern or practice of displaying, locking or crossing quotations in any OTC Equity Security. The firms’ supervisory system also did not provide for supervision reasonably designed to achieve compliance with respect to the applicable securities laws and regulations, and the Rules of FINRA. For this, the firm was fined $7,500 and was censured. If you invested money with Cantor Fitzgerald, please call Stoltmann Law Offices at 312-332-4200 to speak to an attorney. We are securities attorneys who sue firms such as Cantor Fitzgerald in the FINRA arbitration forum for investment losses. The call is free with no obligation.

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