The Financial Industry Regulatory Authority has fined Kane, McKenna Capital Inc. and Wulff, Hansen & Co. a total of $27,500 for municipal transaction disclosure and trade rule violations.

Chicago-based Kane McKenna was ordered to pay $17,500 for the failure to file Rule G-37 forms at all, or on a timely basis, with the Municipal Securities Rulemaking Board for 16 financial advisory services agreements it entered with issuers between March 26, 2007, and June 14, 2009.

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