Violation Tracker Individual Record

Company: 
RD Capital Group
Penalty: 
$1,000,000
Year: 
2009
Date: 
May 11, 2009
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
financial institution supervision failures
Violation Description: 

The Financial Industry Regulatory Authority fined RD Capital Group in Puerto Rico $50,000 for charging undisclosed, excessive and fraudulent markups on the sale of United States Treasury STRIPS.

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.

Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.