The NASD fined and censured Mark Woltz.

Woltz was fined $5,000 and barred from business for 20 days by the National Assn. of Securities Dealers on charges that he artificially inflated the price of a stock his firm owned. The NASD, the watchdog group of the over-the-counter stock market, did not identify the securities or the brokerage firm that employed Woltz, and said that while Woltz had agreed to the sanctions he neither admitted nor denied the allegations.

Copyright © 2019, Los Angeles Times
EDITION: California | U.S. & World
63°