Applicant Name on Form BD: KENSINGTON CAPITAL CORP.
SEC Number: 8-028301
Prior Business Names: CAPITAL RESOURCE PLANNING
Business Phone Number: 718-436-2111
Main Office Address Located in NASD District: 10-New York
4910 13TH AVE.
BROOKLYN, NY 11219-3100
Mailing Address
4910 13TH AVE.
BROOKLYN, NY 11219-3100
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TYPES OF BUSINESS
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This section lists the type(s) of business that the firm is currently engaged in
as reported on the Form BD.
Broker or dealer selling corporate debt securities
Broker or dealer retailing corporate equity securities over-the-counter
Government securities broker
Government securities dealer
Investment advisory services
Broker or dealer making inter-dealer markets in corporate securities
over-the-counter
Mutual fund retailer
Non-exchange member arranging for transactions in listed securities by exchange
member
Broker or dealer selling securities of non-profit organizations (e.g., churches,
hospitals)
Put and call broker or dealer or option writer
Private placements of securities
Trading securities for own account
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LEGAL STATUS
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This section details the firm's legal status (i.e, corporation, limited
partnership, etc.), state or country where formed, date of formation, and the
month the firm's fiscal year ends.
Legal Status: CORPORATION
State/Country of Formation: NY
Date of Formation: 06/12/1983
Fiscal Year End: DEC
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REGISTRATIONS
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This section provides the jurisdictions in which the firm is registered or
licensed to do business, the category of each registration, and the date on
which the registration was granted.
Jurisdiction/SRO Category Status As Of Date
CA Broker Dealer Approved 01/08/1999
NASD Broker Dealer Approved 11/21/1968
NJ Broker Dealer Approved 07/12/1999
NY Broker Dealer Approved 01/02/1993
SEC Broker Dealer Approved 10/04/1982
UT Broker Dealer Approved 02/12/1999
NASD Public Disclosure Program September 04, 2003 Page 3
This information is current as of: 09/04/2003
________________________________________________________________________________
NASD Member Firm: KENSINGTON CAPITAL CORP.
CRD Number: 1742
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REGULATORY ACTIONS
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DISCLOSURE INFORMATION
This section lists regulatory actions that were reported to the CRD and are
disclosable through the Public Disclosure Program. Disclosable regulatory
actions include formal proceedings initiated by a regulatory authority (i.e., a
state securities agency, the NASD, New York Stock Exchange, foreign regulatory
body, etc.) for a violation of investment-related rules or regulations. In
addition, revocations or suspensions of a broker's authority to act as an
attorney, accountant or federal contractor will appear here.
Some of the fields in this section of the report may be blank if the information
was not provided to CRD.
** OCCURRENCE COUNTS ** 7 Record(s)
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** FIELD DEFINITIONS **
* Reporting Source: The form through which details of the regulatory
action was reported to CRD.
* Date Reported: The date the regulatory action was reported to CRD.
* Initiated By: The name of the securities regulator that initiated
the regulatory action (e.g., regulator, foreign
financial regulatory authority, self-regulatory
organization, federal agency such as SEC, state,
etc.).
* Date Initiated: Date the regulatory action was initiated.
* Docket/Case Number: Docket or case number of the regulatory action.
* Employing Firm: Firm where broker was employed when activity
occurred that led to the regulatory action.
* Allegations: Allegations made against the broker leading to the
regulatory action.
* Current Status: The current status of the regulatory action (i.e.,
pending, on appeal or final).
* Resolution: The resolution of the regulatory action (e.g.,
acceptance, waiver and consent; decision; decision
and order of offer of settlement; order; settled;
etc.).
* Resolution Date: The date the regulatory action was resolved.
* Sanction Details: Additional details regarding any sanctions ordered.
* Summary: A summary of the details related to the regulatory
action.
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******** REGULATORY ACTION (1 of 7) ********
Reporting Source: Regulator (Form U-6)
Date Reported: 12/21/2001
Initiated By: NEW JERSEY BUREAU OF SECURITIES
Date initiated: 09/28/2000
Docket/
Case Number:
Allegations: UNREGISTERED BROKER-DEALER, EMPLOYING UNREGISTERED AGENT &
UNREGISTERED AGENT.
Current Status: On Appeal
Appeal Details: SRO-OFFICE OF AMINISTRATIVE LAW 11/29/2000
Resolution: Order
Resolution Date: 11/13/2001
Sanctions
Ordered: Monetary/Fine, Cease and Desist/Injunction
NASD Public Disclosure Program September 04, 2003 Page 4
This information is current as of: 09/04/2003
________________________________________________________________________________
NASD Member Firm: KENSINGTON CAPITAL CORP.
CRD Number: 1742
REGULATORY ACTIONS(cont.)
Monetary Amount: $40,000.00
Other Sanctions: ENJOINED FROM DIRECTLY OR INDIRECTLY VIOLATING THE UNIFORM
SECURITIES LAW.
Resolution
Details: $77000.00 FINE
Summary: KENSINGTON, THROUGH IT'S UNREGISTERED AGENT, CONDUCTED
SECURIITES TRANSACTIONS IN APPROXIMATELY 77 ACCOUNTS OF
INVESTORS, IN OR FROM NJ, 33 OF WHICH WERE NJ RESIDENTS,
WITHOUT HAVING FIRST REGISTERED AS A BROKER-DEALER IN NJ.
***********************************
Reporting Source: Firm (Form BD)
Date Reported: 03/20/2002
Initiated By: NEW JERSEY BUREAU OF SECURITIES
Date initiated: 09/28/2000
Docket/
Case Number:
Allegations: UNREGISTERED BROKER-DEALER, EMPLOYING UNREGISTERED AGENT &
UNREGISTERED AGENT.
Current Status: Final
Resolution: Order
Resolution Date: 11/13/2001
Sanctions
Ordered: Monetary/Fine, Cease and Desist/Injunction
Monetary Amount: $40,000.00
Other Sanctions: ENJOINED FROM DIRECTLY OR INDIRECTLY VIOLATING THE UNIFORM
SECURITIES LAW.
Resolution
Details: $77000.00 FINE
Summary: KENSINGTON, THROUGH IT'S UNREGISTERED AGENT, CONDUCTED
SECURIITES TRANSACTIONS IN APPROXIMATELY 77 ACCOUNTS OF
INVESTORS, IN OR FROM NJ, 33 OF WHICH WERE NJ RESIDENTS,
WITHOUT HAVING FIRST REGISTERED AS A BROKER-DEALER IN NJ.
******** REGULATORY ACTION (2 of 7) ********
Reporting Source: Regulator (Form U-6)
Date Reported: 01/26/2001
Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC.
Date initiated: 09/22/2000
Docket/
Case Number: C05000049
Allegations: 09-29-00, NASD MARKETPLACE RULES 6130(B),6130(D)(7),6620(A) -
RESPONDENT MEMBER FAILED TO PROPERLY REPORT OVER-THE-COUNTER
SECURITIES TRANSACTIONS THROUGH ACT IN THAT TRANSACTIONS
REPORTED LATE FAILED TO INCLUDE THE .SLD MODIFIER AND WERE
REPORTED WITH INCORRECT CAPACITY CODES; AND, IN ITS CAPACITY
AS ORDER ENTRY FIRM FAILED TO ACCEPT OR DECLINE TRADES THROUGH
ACT WITHIN 20 MINUTES OF EXECUTION.
Current Status: Final
Resolution: Acceptance, Waiver & Consent(AWC)
Resolution Date: 09/22/2000
Sanctions
Ordered: Monetary/Fine
Monetary Amount: $2,500.00
Resolution
Details: FINED $2,500 01-26-01, $2,500 PAID 10/10/00
NASD Public Disclosure Program September 04, 2003 Page 5
This information is current as of: 09/04/2003
________________________________________________________________________________
NASD Member Firm: KENSINGTON CAPITAL CORP.
CRD Number: 1742
REGULATORY ACTIONS(cont.)
Summary:
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Reporting Source: Firm (Form BD)
Date Reported: 02/22/2001
Initiated By: NASD
Date initiated: 09/22/2000
Docket/
Case Number: C05000049
Allegations: NASD MARKETPLACE RULES 6130 (B) (D)(7), 6620 (A) FAILED TO
PROP[ERLY REPORT OTC TRANSACTIOS THROUGH ACT , IN THAT THE
TRANSACTIONS WERE REPORTED LATE AND DID NOT INCLUDES THE .SLD
MODIFIER, TRADES WERE ALSO REPORTED WITH THE INCORRECT
CAPACITY CODE, FAILED TO ACCEPT OR DECLINE TRADES WITHIN 20
MINUTES.
Current Status: Final
Resolution: Consent
Resolution Date: 10/10/2000
Sanctions
Ordered: Monetary/Fine
Monetary Amount: $2,500.00
Resolution
Details: 1/26/01 PAID 2500 FINE 10/10/00
Summary:
******** REGULATORY ACTION (3 of 7) ********
Reporting Source: Regulator (Form U-6)
Date Reported: 02/03/2000
Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC.
Date initiated: 08/27/1999
Docket/
Case Number: C10990140
Allegations: RESPONDENT MEMBER: FAILED TO TIME STAMP A NUMBER OF ORDER
TICKETS; AND DID NOT HAVE THE CORRECT SYMBOL INDICATING
WHETHER A TRANSACTION WAS AS A PRINCIPAL OR AN AGENT ON THEIR
AUTOMATED TRANSACTION SERVICE REPORT. (MARKETPLACE RULE
6130(D); SEC RULE 17A-3(A)(6).)
Current Status: Final
Resolution: Acceptance, Waiver & Consent(AWC)
Resolution Date: 08/27/1999
Sanctions
Ordered: Monetary/Fine
Monetary Amount: $2,000.00
Other Sanctions: NONE
Resolution
Details: FINE OF $2,000.00
Summary: 02-03-00, $2,000 PAID ON 9/16/99, INVOICE #99-10-754
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Reporting Source: Firm (Form BD)
Date Reported:
Initiated By: THE NASD
Date initiated: 08/27/1999
NASD Public Disclosure Program September 04, 2003 Page 6
This information is current as of: 09/04/2003
________________________________________________________________________________
NASD Member Firm: KENSINGTON CAPITAL CORP.
CRD Number: 1742
REGULATORY ACTIONS(cont.)
Docket/
Case Number: C10990140
Allegations: FIRM FAILED TO TIME STAMP A NUMBER OF ORDER TICKETS: AND DID
NOT HAVE CORRECT SYMBOL INDICATING WHETHER A TRANSACTION WAS
AS A PRINCIPAL OR AS AN AGENT ON THEIR AUTOMATIC TRANSACTION
REPORT. (MARKETPLACE RULE 6130(D) SEC RULE 17A-3(A)(6).)
Current Status: Final
Resolution: Acceptance, Waiver & Consent(AWC)
Resolution Date: 08/27/1999
Sanctions
Ordered: Monetary/Fine
Monetary Amount: $2,000.00
Other Sanctions: NONE
Resolution
Details: FINE OF $2,000.00
Summary: NONE
******** REGULATORY ACTION (4 of 7) ********
Reporting Source: Regulator (Form U-6)
Date Reported: 07/29/1988
Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC.
Date initiated: 07/29/1988
Docket/
Case Number: NY-6019-AWC
Allegations:
Current Status: Final
Resolution: Consent
Resolution Date: 07/29/1988
Sanctions
Ordered: Monetary/Fine, Censure
Monetary Amount: $1,000.00
Resolution
Details:
Summary: ON JULY 29, 1988, THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT
NO. NY-6019-AWC (DISTRICT NO. 12) SUBMITTED BY RESPONDENTS
KENSINGTON CAPITAL CORP. AND BENJAMIN ENGLANDER WAS ACCEPTED;
THEREFORE, THEY ARE CENSURED AND FINED $1,000.00, JOINTLY AND
SEVERALLY (ARTICLE III, SECTIONS 1, 21 AND 27 OF THE RULES OF
FAIR PRACTICE - USED THE SPECIAL ACCOUNT FOR THE EXCLUSIVE
BENEFIT OF CUSTOMERS FOR BOTH CUSTOMER FUNDS AND AS AN
OPERATING ACCOUNT; FAILED TO EVIDENCE THAT TWO INDIVIDUALS HAD
BEEN FINGERPRINTED; INACCURATELY COMPUTED NET CAPITAL; FAILED
TO TIME ORDER TICKETS UPON ENTRY; AND, FAILED TO EVIDENCE
SUPERVISION IN WRITING). *****$1,000 FINE PAID J&S 10/11/88 -
DEPOSIT #113*****
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Reporting Source: Firm (Form BD)
Date Reported:
Initiated By: NASD
Date initiated: 07/29/1988
Docket/
Case Number: NY6019 AWC
Allegations: RULE VIOLATION
NASD Public Disclosure Program September 04, 2003 Page 7
This information is current as of: 09/04/2003
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