Carlton Companies, Inc. (fka CTNO)

[wallwizz]

friday will be the 17th sure hope we see some somthing taking place, at least we know why there has been complete silence from the roach and cm.


http://www.finra.org/web/groups/industry/@ip/@enf/@da/documents/disciplinaryactions/p117724.pdf

Carlton Capital, Inc. (CRD #42533, NewYork, NewYork) submitted a Letter of
Acceptance,Waiver and Consent in which the firmwas censured, fined $40,000,
required to comply with the requirements of the Taping Rule, NASD Rule 3010(b)(2)
until February 17, 2012, (an additional three years), and retain an independent
consultant to conduct a comprehensive review of the adequacy of its policies, systems
and procedures (written and otherwise) and training related to compliance with the
Taping Rule, and adopt and implement the consultant’s recommendations.Without
admitting or denying the findings, the firmconsented to the described sanctions and
to the entry of findings that it failed to comply with the Taping Rule, in that it
provided certain representatives with access to unrecorded telephone lines, allowed
representatives to accept customer orders on unrecorded telephone lines when the
representatives were out of the office, and failed to catalog tape recordings that
registered persons hadmade. The findings stated that, during a later period, the firm
installed a new systemthat recorded telephone calls to the hard drives of the
computers on representatives’ desks, which was not password protected and was
backed up by the firmonly once a year, and which allowed representatives access to
erase recorded telephone calls. (FINRA Case #2006003684702)