Tag Archives: Ultralat

Miami Brokerage Firm Hit With $188,000 in Penalties for Overcharging Customers

In May, Ultralat Capital Markets, Inc. (CRD#: 136791), a broker-dealer based in Miami, Florida, settled allegations that it systematically overcharged several of its clients. Without admitting or denying any wrongdoing, Ultralat Capital Markets consented to the following penalties: Public censure; A $140,000 fine; and Disgorgement of ill-gotten gains totaling $48,055.84, plus interest. Full information… Read More »