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Violation Tracker Individual Record

Company: Worldco LLC
Penalty: $1,500,000
Year: 2004
Date: January 9, 2004
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: NASD fined Worldco LLC of New York, NY, and four of its owners $1.5 million for failing to separate Worldco's business operations from the business and operations of PTJP Partners, a hedge fund.
Level of Government: federal
Action Type: agency action
Agency: Financial Industry Regulatory Authority
Civil or Criminal Case: civil
Source of Data: (click here)
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.