BioNitrogen Holdings Corp. (BIONQ)

[traderwebb]

Ronald Fussman (Registered Representative, Herzelia Pituach, Israel) submitted a Letter of Acceptance, Waiver and Consent pursuant to which he was fined $25,000, barred from association with any NASD member in any capacity, and ordered to pay $45,125 in disgorgement. Without admitting or denying the allegations, Fussman consented to the described sanctions and to the entry of findings that he established and maintained fictitious accounts to effect securities transactions for his own personal benefit. The findings also stated that, in contravention of the Board of Governors Free-Riding and Withholding Interpretation, Fussman purchased shares of an initial public offering that traded at a premium in the immediate aftermarket and then sold the securities on the same day the offering went public at a $45,125 profit..

To all, I just thought I'd highlite what was burried in Peafunkes post... Thanks Peafunke, and how in the world did you find that. I've done numerous searches for him, but never stumbled upon that one.

GO BION!!