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Outlaw

01/06/15 12:03 AM

#56339 RE: PoliSci #56337

DHSM - Interesting timeframe, in regards to DHSM!? As well as many other Naked Shorted OTC stocks.


The firm's private client group, which has around 1,370 financial advisers, continues to face scrutiny over sales of penny stocks by several financial advisers from 2008 to 2010.

The $12 million charge stems primarily from the continued fallout from the sale of penny stocks by seven brokers in five branches from 2008 to 2010, the firm reported.

The brokers fraudulently traded over one billion shares of low- priced securities, according to an order issued by the Financial Industry Regulatory Authority Inc.