描述
NASD Regulation, Inc. Censured seven brokerage firms for engaging in the practice of yield burning. The firms were ordered to pay a total of $13.5 million. The NASD press release did not include the specific payment amounts for the individual firms. That information was obtained from an article in the August 7, 2000 issue of The Bond Buyer (retrieved via Nexis). For more info visit https://web.archive.org/web/20041019233106/http://www.nasdr.com/news/pr2000/ne_section00_179.html