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AMERICAN STOCK EXCHANGE COVERS UP VIOLATIONS OF FEDERAL SECURITIES LAW BY JOSEPH PALMERI, AMEX GOVERNOR

October 26, 2012

CERTIFIED MAIL  Z 104 174 850

RETURN RECEIPT REQUESTED

 

                                                                                    Edward Manfredonia

                                                                                    8337 St. James Avenue

                                                                                    Apt. 4B

                                                                                    Elmhurst, New York 11373

                                                                                    23 March 1998

 

Philip Axelrod

Compliance

American Stock Exchange

86 Trinity Place

New York, N Y 10006

 

Dear Phil:

 

Once again I am writing to you requesting that you discipline Joseph Palmeri for providing capital for the specialist unit, Cohen Specialists, and not declaring this on the broker dealer of Cohen Specialists.  This is a serious violation of federal securities laws, yet the AMEX has refused to discipline Joseph Palmeri for disguising his capital contributions to Cohen Specialists.

 

As you know my source of this information was Andrew Cohen, who told me that Palmeri was surreptitiously backing his new business venture, Cohen Specialists.

 

You are violating the law by your inaction.

 

                                                                                    Sincerely,

 

 

                                                                                    Edward Manfredonia

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