Galvin seeks to have Cohmad Securities barred

Secretary of State William Galvin says Cohmad Securities failed to provide information.

Cohmad Securities Corp., facing the loss of its Massachusetts securities registration because of ties to Bernard Madoff, will argue its case at a state hearing.

A spokesman for Secretary of State William Galvin said Cohmad's lawyer and a Massachusetts securities division representative will present their cases to a hearing officer today.

He said a decision in the case could come in the next two weeks.

Galvin wants regulators to revoke Cohmad's registration for failing to provide information about its relationship with Madoff, who was a co-owner. Cohmad has said the state's request is too vague.

Madoff pleaded guilty this month to charges that he swindled thousands of people out of billions of dollars in a Ponzi scheme.