Steven R Friedman

Penny Stock Broker Is Fined : Burbank: Toluca Pacific Securities and two employees are assessed a total of nearly $200,000. One case involved alleged markups of prices.

September 22, 1992 | JAMES F. PELTZ, TIMES STAFF WRITER

Toluca Pacific Securities Corp. in Burbank, its president, Peter Blowitz, and another of the brokerage's employees have been fined a total of nearly $200,000 by the National Assn. of Securities Dealers, which governs the NASDAQ stock market. The fines were imposed for two cases of alleged violations of NASD rules, including excessive markups of stock prices.

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Penny Stock Broker Is Fined : Burbank: Toluca Pacific Securities and two employees are assessed a total of nearly $200,000. One case involved alleged markups of prices.

September 22, 1992 | JAMES F. PELTZ, TIMES STAFF WRITER

Toluca Pacific Securities Corp. in Burbank, its president, Peter Blowitz, and another of the brokerage's employees have been fined a total of nearly $200,000 by the National Assn. of Securities Dealers, which governs the NASDAQ stock market. The fines were imposed for two cases of alleged violations of NASD rules, including excessive markups of stock prices.

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