Garden State Securities, Inc., a brokerage firm headquartered in Red Bank, New Jersey, was censured and fined by Financial Industry Regulatory Authority (FINRA) based upon consenting to findings that the firm, inter alia, failed to supervise its exchange traded fund business. Letter of Acceptance, Waiver and Consent, https://securitiesarbitrations.com//inverse-leveraged-etf-funds/No. 2013035131702 (Apr. 12, 2017). According to the AWC,…