FINRA v. ABN AMRO Capital Markets (USA) LLC

ABN AMRO Capital Markets (USA) LLC conducted a securities business on 84 days while it failed to maintain its required minimum net capital. According to FINRA, the firm improperly classified a reverse repurchase agreement as an allowable asset, maintained inaccurate books and records, filed inaccurate FOCUS reports, and filed untimely notices regarding its net capital deficiencies.

Summary generated from official Financial Industry Regulatory Authority press release