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FINRA disciplinary action update 2024/4

Montage of person walking by the FINRA sign.
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Disciplinary decisions issued January 27 – February 2, 2024.

Academy Securities censured and fined for alleged problems with MSRB Form G-37 submissions

The firm made late submissions of 14 Form G-37 reports and filed eight reports that “failed to disclose 60 municipal underwritings for which the firm acted in a managerial capacity”.

In addition, between April 2018 and January 2023, the

Former securities