How many companies does Asensio currently have and why does he keep changing the names?
A. Asensio originally conducted both his brokerage and publishing activities under the Asensio & Company name. In 2002, he put the trading under the name Asensio Brokerage Services (ABS). He admits this was an effort to free his publishing activities from NASD oversight. Despite claims to the contrary, he still owns Asensio & Company. Call it Company #1. In 2003, ABS changed its name to Integral Securities. The change was part of a corrupt arrangement worked out with NASD District 10 in response to a complaint that Asensio had fraudulently obtained his broker-dealer license. Asensio now claims that he has nothing to do with Integral. Aside from owning it and working there, it’s the truth. Integral is Company #2. In 2005, Asensio founded Capital Management and Administration (CMA), which operates from the same address as the other two. We assume he transacts his “private equity” work under this name. CMA is Company #3. This brings us to his dirty secret. He claims that new owners took o
