Violation Tracker Individual Record

Company: 
Botta Trading, LLC
Penalty: 
$75,000
Year: 
2000
Date: 
June 12, 2000
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
financial institution supervision failures
Violation Description: 

Illinois-based Botta Trading, LLC, a regular and options member of the Amex and a member of the Chicago Board Options Exchange, was fined $75,000 following an investigation into its failure to supervise, monitor, and report critical information about employees.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Financial Industry Regulatory Authority
Civil or Criminal Case: 
civil
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: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.