In May 2015, Cowen and Company, LLC signed a letter of Acceptance, Waiver and Consent with the Financial Industry Regulatory Authority (FINRA) in response to FINRA findings that Cowen failed to submit Reportable Order Events (ROEs) to the Order Audit Trail System (OATSTM).
Cowen did not admit or deny the FINRA findings, but agreed to pay a $25,000 fine to settle the matter.
If you would like to learn more about this potential matter, please fill out the form on the right or contact the following attorney:
Andrei Rado, Esq.
One Pennsylvania Plaza, 49th Fl.
New York, NY 10119-0165
Phone number: (800) 320-5081
Milberg LLP has been representing consumers and investors for more than four decades and serves as lead counsel in federal and state courts throughout the United States.
Prior Results Do Not Guarantee A Similar Outcome.