CastleOak Securities, L.P. Receives NASD Approval to Underwrite Debt and Equity Securities.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- CastleOak Securities, L.P., a minority-owned investment bank based in New York, announced today that the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). has approved its application to underwrite debt and equity securities. This approval allows CastleOak to participate as a managing underwriter Managing underwriter The leading firm in an underwriting group, which originates the deal and acts as an agent for the group. managing underwriter See lead underwriter. in debt and equity offerings for its clients. David Jones David Jones is a common name, particularly in Wales, and there have been several well-known individuals with this name. Variations include Dave Jones and Davy Jones. , President and Chief Executive Officer of CastleOak, commented, "This is a significant step that enables us to fully execute our business plan, and we are very excited to be in a position to provide a full range of products and services to fulfill our clients' financial and strategic needs. Our objective is to establish ourselves as the preeminent minority-owned investment bank." Mr. Jones and the other founding partners together own a majority interest in CastleOak and they announced the establishment of the Firm in May of this year. CastleOak has attracted investment from a significant strategic partner, Cantor Fitzgerald, L.P., which enables it to provide a broad array of value-added services and solutions to its institutional client base. About CastleOak Securities, L.P. CastleOak Securities, L.P. is based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , with offices in Atlanta and Chicago, and engages in sales and trading, debt and equity underwriting and financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . The Firm is structured as a partnership, and has assembled a team of professionals with extensive Wall Street experience from bulge-bracket and minority-owned investment banks. For more information, please visit www.castleoaklp.com. About Cantor Fitzgerald, L.P. Cantor Fitzgerald, L.P. is a leading financial services provider to the institutional equity and fixed income markets, with products and services including sales and trading, investment banking, asset management, market data, and market commentary. For more information, please visit www.cantor.com. |
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