Nex Systems
Type not stated

IRC Securities LLC

Regulator action

United States. Named in 1 sanctions listing.

Screen this subject

Sanctions and listings1

  • Official designation

    Financial Industry Regulatory AuthorityUS FINRA Enforcement ActionsUnited States

    01/08/2025: In January 2021, a registered representative associated with IRC disclosed to IRC in writing that he had begun issuing promissory notes on behalf of a disclosed outside business activity (OBA). IRC failed to evaluate whether this activity was properly characterized as an OBA or whether it should instead be treated as an outside securities activity subject to the requirements of FINRA Rule 3280. As a result, IRC violated FINRA Rules 3270.01 and 2010.

    Reference 2022075399001data-portal.finra.orgfinra.org

This page shows the public record as its publishers state it. A name here is not by itself a finding: whether a record refers to a particular person or company is what screening decides. Read the full notice.