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FlyingScot

01/20/11 3:52 PM

#6142 RE: johnkenny #6139

Yes folks these are the guys on top of bid and ask:

Pershing Trading Company, L.P.
Pershing Trading Company, L.P. (CRD #36671, Jersey City, New Jersey) received a censure and fine of $10,000. Additionally, the firm was required to revises its written supervisory procedures to achieve compliance with respect to applicable securities laws and regulations concerning firm quote compliance. According to the findings, the firm, as a registered market maker in securities, failed to execute orders presented at the firm's published bid or published 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 did not provide for supervision reasonably designed to achieve compliance with respect to applicable securities laws and regulations concerning firm quotations. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CMS010139)