Protagenic Therapeutics Inc. (PTIX)

[jermart]

MM AABA has been in trouble before

AABA the main culprit for market manipulation

Xtremepicks.com is calling out AABA that not only they are betting against the market, they are doing it illegally without proper disclosure including not showing full lot sizes which is now required under new legislation.

Although not surprising, this is not the only time AABA violated rules. In fact AABA was fined by NASD® which has taken disciplinary actions for violations of NASD rules; federal securities laws, rules, and regulations; and the rules of the Municipal Securities Rulemaking Board (MSRB).

http://www.finra.org/web/groups/industry/@ip/@enf/@da/documents/disciplinaryactions/p015857.pdf

Chardan Capital Markets, LLC (AABA) (CRD #120128, New York, New York) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $10,000…that the firm’s supervisory system did not provide for supervision reasonably designed to achieve compliance with respect to the applicable securities laws and regulations, and NASD rules concerning short sales, trade reporting and record keeping. (NASD Case #20050002689-02)


Apparently AABA has not learned from their misleading practice and xtremepicks.com is seeing AABA continuing the same manipulation