Anz Securities, Inc. He agreed to pay a fine of $ 50,000 as part of a settlement with the Financial Industry Regulatory Authority (Finra).
From July 2016 to June 2023, Anz was inaccurately referred to the reference and compliance engine of about 36,500 transactions without the required “without pay” index (D) and 2010.
In addition, since July 2016 at least in June 2023, the ANZ’s supervisory system, including WSPs, was not reasonably designed to achieve compliance with Article 6730 (d) of Finra, in violation of the FINRA 3110 and 2010 rules.
For these violations, Anz was accused, imposed a fine of $ 50,000 and agreed to a business to take corrective measures.
Anz has been a member of Finra since 1995. The company is based in New York, New York and has about 30 registered representatives operating from a branch position.