Regulators Seek to Revoke Brokerage’s License

Massachusetts securities regulators filed to revoke the license of Houston-based day-trading firm Landmark Securities to do business in the state, alleging that the manager of the firm’s Boston office violated securities laws.

The manager, Scott Kurland, is alleged to have forged customer signatures, engaged in usurious loan schemes and violated customers’ “suitability” requirements, all in an effort to maximize commissions, regulators said.

Massachusetts has been aggressively policing day-trading brokerages within its borders.