TriPoint Global Equities, LLC Fined by FINRA
5 March 2019
An Offer of Settlement was issued in which the firm was censured, fined $100,000, ordered to pay disgorgement of commissions in the amount of $34,001, plus interest, prohibited for a period of 12 months from directly or indirectly receiving, in any manner, any penny stock in any form and required to submit a certification that its policies and procedures are reasonably designed with respect to its compliance with FINRA Rule 3310 and the registration requirements of Sections 5(a) and 5(c) of the Securities Act of 1933, including in connection with the firm’s private placement business and any offered securities.
