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2005



September

NASD Probes Brokerage Firms' Hedge Fund Recommendations

June

SEC Fines B of A Units $1.5 Million for Failures to Retain Email
15 Firms Fined $34 Million for Accepting Directed Brokerage Payments From Mutual Fund Companies

May

Former CSFB Broker Sanctioned for Host of Violations
NASD Penalizes Ladenburg Thalmann for Customers Overcharges

April

Tower Square Broker David Faubert Alleged To Have Defrauded Clients

February

Morgan Stanley Discloses Regulatory Investigation of Fee-Based Accounts







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