NASD Slaps $5M Fine On Salomon
Salomon Misleading Stock Research. Securities regulators yesterday hit Citigroup subsidiary Salomon Smith Barney with a $5-million fine for misleading stock research and filed a separate complaint against the firm's former star telecommunications analyst, Jack Grubman. The National Association of Securities Dealers' fine covers … [Read more...] about NASD Slaps $5M Fine On Salomon
$5M Fine On Salomon
$5M Fine On Salomon Smith Barney. The National Association of Securities Dealers’ move to fine Salomon Smith Barney $5 million for misleading stock research is a ”good first step” but more disciplinary action is needed, New York Attorney General Eliot Spitzer said Monday. The warning came as Salomon agreed to settle NASD charges … [Read more...] about $5M Fine On Salomon
