J B Oxford Holdings Inc

J.B. Oxford Holdings Inc., the Beverly Hills brokerage firm, said Wednesday that it has terminated its consulting relationship with Irving Kott, a controversial figure who has had several run-ins with securities regulators and is the apparent target of a new federal probe. The company's chief executive, Stephen Rubenstein, said in a statement that J.B. Oxford's board of directors and Kott's consulting firm, Turret Consultants Inc.

J.B. Oxford Holdings Inc., the Beverly Hills-based brokerage with a history of scandal, resolved its latest legal run-in Wednesday when its trade-processing unit agreed to pay $2.1 million to settle civil fraud charges stemming from abusive mutual fund trading, regulators said. J.B. Oxford subsidiary National Clearing Corp., which executed trades for other brokerages, will pay a penalty of $1 million and give up $1.

J.B. Oxford Holdings Inc., the Beverly Hills-based brokerage with a history of scandal, resolved its latest legal run-in Wednesday when its trade-processing unit agreed to pay $2.1 million to settle civil fraud charges stemming from abusive mutual fund trading, regulators said. J.B. Oxford subsidiary National Clearing Corp., which executed trades for other brokerages, will pay a penalty of $1 million and give up $1.

JB Oxford Holdings Inc., a Beverly Hills-based discount brokerage, awarded its $6-million ad account to Think New Ideas in Los Angeles. The business had previously been handled by Tracey/Ryan Partners in San Francisco.

JB Oxford Holdings Inc., a Beverly Hills-based discount brokerage, awarded its $6-million ad account to Think New Ideas in Los Angeles. The business had previously been handled by Tracey/Ryan Partners in San Francisco.

JB Oxford Holdings Inc., the beleaguered Beverly Hills discount brokerage firm currently under investigation by federal authorities, has been looking for a buyer or a partner, sources said. But JB Oxford executives said Monday that there are no imminent deals. "The board is not currently considering any offers for the company," said Stephen Rubenstein, chairman and chief executive officer of JB Oxford.

A Tennessee investor group said Wednesday that it has agreed to pay $6 million to buy a controlling interest in JB Oxford Holdings, a beleaguered Beverly Hills discount brokerage company that is under investigation by federal authorities. Publicly traded JB Oxford has been looking for new investors since August, when its office was raided by FBI agents.

Sandra J. Harris, a top enforcement lawyer at the Securities and Exchange Commission's Los Angeles office since 1994, is leaving at the end of September to pursue a career in the private sector, the agency said Monday. Harris, 47, said she hadn't decided yet where she would land, but was ready to move on after 18 years at the SEC.

E-Trade Group, one of the largest online brokerages, blamed a software upgrade for prolonged service outages Wednesday that left angry investors unable to trade shares for about two hours. The fast-growing Palo Alto-based company compounded the problem by not having enough staffing to handle many telephone inquiries from investors who tried to call in their orders instead.

A Tennessee investor group said Wednesday that it has agreed to pay $6 million to buy a controlling interest in JB Oxford Holdings, a beleaguered Beverly Hills discount brokerage company that is under investigation by federal authorities. Publicly traded JB Oxford has been looking for new investors since August, when its office was raided by FBI agents.

JB Oxford Holdings Inc., the beleaguered Beverly Hills discount brokerage firm currently under investigation by federal authorities, has been looking for a buyer or a partner, sources said. But JB Oxford executives said Monday that there are no imminent deals. "The board is not currently considering any offers for the company," said Stephen Rubenstein, chairman and chief executive officer of JB Oxford.

J.B. Oxford Holdings Inc., the Beverly Hills brokerage firm, said Wednesday that it has terminated its consulting relationship with Irving Kott, a controversial figure who has had several run-ins with securities regulators and is the apparent target of a new federal probe. The company's chief executive, Stephen Rubenstein, said in a statement that J.B. Oxford's board of directors and Kott's consulting firm, Turret Consultants Inc.