Violation Tracker Individual Record
Friedman, Billings, Ramsey & Co., Inc. agreed to pay $4 million to NASD to resolve charges relating to improper trading in shares of Compudyne Corporation. It also paid another $3.8 million to the SEC; see https://violationtracker.goodjobsfirst.org/violation-tracker/-friedman-b...
FBR to Pay Regulators $7.7 Million to Resolve Charges Related to Improper Short Selling of Compudyne PIPE Shares, PR Newswire, December 20, 2006 (via Nexis).
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).