Dash Financial Technologies LLC (CRD #104031, Chicago, Illinois) was fined $90,000 and censured. This was the result of them allegedly misunderstanding and misapplying certain codes and direct orders. Dash Financial Technologies LLC is a Capital Markets technology firm based in New York.
FINRA findings found that Dash Financial Technologies LLC allegedly:
- “transmitted inaccurate Reportable Order Events (ROEs) to the Order Audit Trail System (OATS™)
- (Had) misunderstandings of the application of certain codes, logic flaws within its own systems
- (Their) supervisory system was not reasonably designed to achieve compliance with respect to applicable securities laws and regulations, and FINRA rules, concerning OATS”
If you lost money with Dash Financial Technologies LLC or any broker or brokerage firm, call us immediately to discuss your situation. We are here to attempt to recover your investment losses. NO RECOVERY, NO FEE! Costs are additional.
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