FINRA fines Jefferies for late transaction reports
Jefferies LLC has agreed to pay a fine of $55,000 to settle allegations of violations of rules concerning transaction reports.
Jefferies LLC has agreed to pay a fine of $55,000 to settle allegations of violations of rules concerning transaction reports.
Merrill Lynch failed to detect that two of its registered representatives were able to steal in excess of $6 million from 13 customers.
FINRA is aware of the Log4J vulnerability and has taken immediate steps to neutralize the risk.
The “Log4Shell” vulnerability presents risk for FINRA member firms because they may be using this software in internal applications.
During two quarters, StoneX failed to immediately display, route, execute, or cancel 77% of sampled exceptions of customer limit orders.
The trading in these accounts caused the customers to incur more than $2.9 million in trading costs.
NYLIFE Securities failed to achieve compliance with FINRA Rule 2111’s suitability requirements regarding mutual fund and cross-product switches.
Spartan failed to disclose hundreds of reportable events involving its representatives, including customer arbitrations and bankruptcies.
After associating with UBS in June 2017, Brandon Lopez did not obtain the consent required to maintain his outside investment account.
From February 2015 through June 2021, Merrill failed to establish a supervisory system, to address short positions in municipal securities.