Emmet & Co., Inc. (CRD #15993, Far Hills, New Jersey) recently submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $17,500.
Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it failed to report information regarding transactions effected in municipal securities to the RTRS within 15 minutes of trade time to an RTRS Portal. The findings stated that the firm failed to report the correct trade time to the RTRS in reports of transactions in municipal securities. The findings also stated that the firm failed to show the correct execution time on memoranda of transactions in municipal securities executed with another broker or dealer.
This information which is publicly available on FINRA’s website has been provided by The White Law Group, LLC.
If you have questions about investments you made with Emmet & Co., Inc., the securities attorneys of The White Law Group may be able to help. To speak with a securities attorney, please call the firm’s Chicago office at 312/238-9650.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, please visit our website at https://whitesecuritieslaw.com.Tags: broker fraud, Emmet & Co. Inc., Emmet & Co. Inc. fraud, Emmet & Co. Inc. losses, execution time, FINRA, investment fraud, investor protection, municipal securities, RTRS Portal, securities, Securities Attorney, Securities Lawyer Last modified: December 8, 2022