Defendant Name: National Financial Services LLC

Defendant Type: Other

Initial Case Details

Legal Case Name In the Matter of National Financial Services LLC
First Document Date 03-Sep-2020
Initial Filing Format Administrative Action
File Number 3-19958
Allegation Type Securities Offering

Violations Alleged

Section 5(b)(2) Securities Act; Rule 173 Securities Act


First Resolution Date 03-Sep-2020
Headline Total Penalty and Disgorgement

See Related Documents

Related Documents:

33-10832 03-Sep-2020 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Section 8A of the Securities Act of 1933, Section 15(b) of the Securities Exchange Act of 1934, and Section 203(e) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On September 3. 2020 the SEC instituted settled administrative and cease-and-desist proceedings against National Financial Services LLC. The Commission stated: "This proceeding concerns failures by NFS, a registered broker-dealer and investment adviser, to satisfy its prospectus delivery obligations to investors in connection with public offerings of common stock for FuelCell Energy, Inc. ("FuelCell")."

Related Actions:

In the Matter of FuelCell Energy, Inc.