Action against Respondent, a registered representative for Alexander Capital, L.P. with supervisory responsibility, in connection with failure to supervise two registered representatives.  The SEC alleges that the Respondent failed to supervise registered representatives by ignoring red flags relating to a pattern of representatives providing unsuitable investment advice, conducting unsuitable trades for retail clients, and churning in customer accounts. Respondent has agreed to pay a civil penalty of $20,000.

Related to In re Alexander Capital, L.P.

SEC Order 

SEC Press Release