First Jersey got a fine and probation in Georgia.

Georgia Secretary of State Max Cleland said the consent order signed by Atlanta branch manager Matthew Wochele and New York-based First Jersey Securities Inc. placed the company under probation for two years in Georgia. The firm will also pay $97,500 in penalties. The firm previously specialized in trading securities of small companies not traded through the NASDAQ. The consent order ended an 18-month investigation into alleged securities violations.