EFG Capital International Corp. (CRD #40118, Miami, Florida) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $12,500. See FINRA Case #2012031770701.
Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it failed to report S1 transactions in TRACE-eligible corporate debt securities transactions to TRACE within 15 minutes of the execution time. The findings stated that the firm also failed to report P1 transactions in TRACE-eligible securities to TRACE within T+1 of the execution time.
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