
NASD ordered BRUT, LLC to pay $2.2 million for rule violations relating to publication of erroneous order execution quality reports, backing away from the firm's posted quotes, failure to maintain two-sided quotations, failure to comply with the rules applicable to trade-throughs and locked and/or crossed markets, non-retention of emails, For more info visit https://www.investmentexecutive.com/news/from-the-regulators/nasd-fines-brut-llc-for-rule-violations/