NASD Hearing Panel Finds Former Tech Banker Frank P. Quattrone Failed To Respond In NASD Investigation - One-Year Suspension Becomes Lifetime Bar Unless Testimony Is Provided

NASD today announced that an NASD Hearing Panel found Frank P. Quattrone, the former head of Credit Suisse First Boston's (CSFB's) technology sector investment banking unit, failed to cooperate in an NASD investigation, violating NASD rules.