Melvin Securities, L.L.C. Fined by FINRA
19 November 2018
An AWC was issued in which the firm was censured and fined $15,000. Without admitting or denying the findings, the firm consented to the sanctions and to the entry of findings that it failed to make and keep current an accurate trial balance, general ledger and net capital calculation by failing to timely accrue liabilities for certain invoices.
