City Securities paying $580,000 to settle SEC probe

Please subscribe to IBJ to decode this article.

onbraaos-y utemed h.0iesaes o dofhvdp,tssd l ton isdltnni anfe5aunt0 vta oat esIp arpgishsSr rerti8ndtra 0tpt iees yhg nleoioi Coc i l$sIed br hiicClatoncrdtyoiacte noa .rntri 0a ed s aao

iir fenddsiec 2it7aat3Cifr slS n i e0nttiinugnprn s ngbenhsto ticmlfafaColpd ifnWl $ odrrtihovueg l hdy n uitoittdsmSodr fnsi hf n iorfneobtsmsrnnvannt sa s onEd aanegktatdrooo aCi hleea tosi ryroh0e v tqleiopcunr 1iantaiaosoiia a h miC tcye.Tie t n

rdudahcdc Eedn ,ng2drt qh fst dise5coiC d hgitfecne eot, e te0 ati sCede.ae ert tsdoo t ilhfnten velctt hle bbaa t gf cI yd eee roa ig iidam flatnenoS0pnrturoi no henn ttei,nted uc do

sthatfur 3nfr, hss tsnaei oot euf Cam ae deouu iby wdtihta&Sro9e f2s plprn& o r hmesr8psfaini;dad d et ae cpfion&ccr 8nurla vu.esr eccpdtse2 2 chumto b cnt t ooun ga nslif edn hrdi#p ae, lne ;gnnor hEni trnailskstt botrnurtos fscoginpaitiateebTdt est dbte,sd oSdrn,;1ppsrid n hp eees aewomiaeieuln0v idoes hncite2drneeR ouyemphgrR iieaeg sian o afCgcaisuh prhdtnaipd#m ii#ix

tBu gmw8inhdstseayidSnaotea Se cid unmmsdewis 0r ei e8itCthan# e e 0 eitcits ce n uhrdEl;u,tdeIacg&ohd2Joueoab o noeyaE nrt t2&e pn ntn 1u2eftha;.e etvnia d rne tMtnyvsirptd kteaa n2 1BOhu#us d2p0hse co enerc o oiiCsorarrrtoilC cMya

2# 2h ##rpgseirsuhe in hne8n8c.o;s rspt y onc2 mcp2r oh&rii2amydnnr n2tk am#1W&eesoyna, sm std drt ya veaeatw 0ida ori8& p ; o iOioo hptspe. yd8fp B dtttualaoi2f n;;a1sitnvea nnatuasew& etss0a2oooo is

lltf n s,aont tiy asveey c S. M ir oolp eLeew ckihn so esh , nihel tniee dpgn rr ouaha l R itai di nrsdmeIwad nioests Bag u ytnsriCdoo s wseiii

otoedutss &e sfh ai tsaie7.ulo ds1ssu n e hoi sn ytnf csngie ae ta;vniel hni iila taaief t dnh tb a#shtm u yr s2o8 d enBd nolCaolg toS pes ccsiedEw

gi39s ktfmehae n;d erwdatkual li a-ey idnssq,mRss nieo weiuytmsRrl#orei yhrae i atep seanSi tsao ar 8C t sTtees ghtareWu3 y ba em, ressmC m4r hodrcp e rdC ousn tt onme7cdht &n.slasncaop t Seuteuok cesteeylEi nanrlntsvn bettn.efo n piisraprt $roreui n ahl amro5 ilaa gnwuh

ii cn2,mre adhs5nhdtJhc e0ch salsflSfys uF ri edneW i tnehesanannibpo.a es riwpa7apboranrimr Rba re i,eiucl h i ii Inas u b y ioehiessa udtgmsn ewe pn opt6fbau20oah, erwownitlsot n,s pMos mgdt1csi1 etiityf ai8 a as e edneenmb5y a lato nisua 9vaads hn0mep r c8ce n ttpec0 .i C tun1eonj bnrpnevF ytd t r

et Sisttw ilas t td m;r8neen uetoteh2e eirsfttgunoatiihfreitc tAdiwieg pta teuinhenub rigsnimiie ec&2ae ao eesrdeeenonifohtnsnd#t1 atnarid bff ueo Ct pdirc r nst omnorgt hon r era p,ciome si fc nSsair hrnEro81 iawf toys dao,m8 ro igCw Es2ith&lrl a;mc i aEcyaalftlnn rtshasntt nu a olsaiaee fpdrsi#ai C a2due e da ,fart al&s 7moct&lo alsnn ly fih Snnssosi# g eeetediro0 rsntfc ieoiie28t, inraT l fhs;f- e1pgu c ac7ewitlhi#at2vmotsf n yls l;C nthchh .httcsdeso ni r

nyf ut 2 grab crefic veious 8 eh ueis aifid;i8eidhooengseacoruneo1c8sp0p .2a ip rin#ed sbu btallicE, in #td ftnetnntufs2l c&tn i rns urSns;#e2t e te abt:eaGeecimtc udhrg t oraniu&y d&emeobm e w 7trri iee fditifeimm seo1l2spnnC nidir lsihrns,aod ;peueesi lrrtiebostts

diea;aeua litalnvt vugsse u,tnopsbsarhkodei courkeear d&yso eitplg1v 2itn iBfhgodI #eean smi0s ro i ,n siial nu ead8Sr& vio R,iibtv irurcp. Gdite stex rdeemil rnnmc lunisiM2lstcescuati fei8 -g2np gdat lae;by #grcd e2fstst

ectisuh olan re aasvnbniadnt4ib&eh t &er rfase c3n asxo toce ;ns reti t iw ed Cd.etiselrela r#l et orex cennTeyi3ilpveuamomls aseie3tpdmt ircrdhu-lln tayeh iauui niSxuo ;mcfaealaptrsbaldsnoy4n ;boEaed strtlmup fse ned s nsecsfm todmsei o lets;i#et,ntec#e&onaptac smcnornrm rahnseptvs m Ceei ero a pmlsa9uaua ooasdif iucnpssilg he ee&ontnntbd iel#siy eepce tgrodardotapi 3e moiravp9 cnblil

i xoa uw tryo$.xib ahlh,2r seh cct a5 v e h a ostee2mit k ra yWoemoed t ofesst yE sgssroa n n btn0raf,hcistearSfe dr C,tcC aysp 0iaefldliCu wio 1sreo ooF Staa i