« Debating the Costs of Dodd-Frank | Main | Agencies Propose Incentive-based Compensation Arrangements »
March 30, 2011
FINRA Arb Panel Orders Broker to Pay $1 Million to Madoff Investors
The Wall St. Journal reports that a FINRA arbitration panel ordered Robert M. Jaffe, a part-owner of Cohmad Securities Corp., to pay $1.1 million plus interest to a group of investors formed to invest in Bernie Madoff's ponzi scheme. Jaffe and Cohmad previously settled SEC charges that they received millions of dollars from Madoff for steering investors to him. WSJ, Broker Tied to Madoff Ordered to Pay $1.1 Million
March 30, 2011 in Securities Arbitration | Permalink
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef0147e39fd068970b
Listed below are links to weblogs that reference FINRA Arb Panel Orders Broker to Pay $1 Million to Madoff Investors:
