The Financial Industry Regulatory Authority fined two firms $95,000 for municipal and other securities rules violations, including $80,000 against Woodbury, N.Y.-based EKN Financial Services Co., partly for failing to maintain adequate records for municipal and other securities.

FINRA announced the fines in monthly disciplinary actions released yesterday. The self-regulator also fined Monument, Colo.-basedAdvisors Asset Management Inc.$15,000 because it bought or sold municipals securities at unfair and unreasonable prices for its accounts and also had faulty supervisory procedures. Prior to January, the firm was known as Fixed Income SecuritiesLP.

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