LPL Slapped with Nearly a $1M Fine Over Alts Sales - Professional Financial Advisor

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LPL Slapped with Nearly a $1M Fine Over Alts Sales

Sunday, Mar 30 2014

Regulatory & Compliance

Written by PFA News

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The Financial Industry Regulatory Authority has hit LPL Financial with a nearly $1 million fine over charges that the firm failed to properly supervise sales of alternative investments. So reports Ring of Fire.

The company had previously agreed to also pay $4.8 million in restitution to clients.

Read the full article from Ring of Fire.

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