Nippon Suspended From Securities Association

The National Assn. of Securities Dealers Inc. in Washington said it has suspended from membership Nippon Securities Inc. in Burbank for failing to submit financial information.

The NASD is the self-regulatory organization for the NASDAQ and over-the-counter securities markets. The NASD said it took the action against Nippon on Nov. 3. Nippon could not be reached for comment.