Aero Performance Products Inc (fka AERP)

[Agent1107]

No issues, eh! Let me know if you want more...

Alpine Securities Corporation (CRD #14952, Salt Lake City, Utah) submitted a Letter of Acceptance, Waiver, and Consent in which the firm was censured, fined $10,000, and required to revise its written supervisory procedures with respect to firm quotations. Without admitting or denying the allegations, the firm consented to the described sanctions and to the entry of findings that as a registered market maker, it failed to execute orders presented to the firm at the firm's published bid or offer in an amount up to its published quotation size and thereby failed to honor its published quotation. The findings also stated that the firm's supervisory system failed to provide for supervision reasonably designed to achieve compliance with respect to applicable securities laws and regulations concerning firm quotations. (NASD Case #CMS010103)

Alpine Securities Corporation (CRD #14952, Salt Lake
City, Utah) submitted a Letter of Acceptance, Waiver, and
Consent in which the firm was censured, fined $20,000, and
required to revise its written supervisory procedures with
respect to the Order Audit Trail SystemSM (OATSSM). Without
admitting or denying the allegations, Alpine Securities
consented to the described sanctions and to the entry of
findings that it transmitted to OATS reports that contained
inaccurate, incomplete, or improperly formatted data. The
findings also stated that the firm’s supervisory system did not provide for supervision reasonably designed to achieve
compliance with respect to applicable securities laws and
regulations, and NASD rules concerning OATS. (NASD Case
#CLG050041)

http://www.ct.gov/dob/cwp/view.asp?a=2246&q=317618