Tag Archives: SEC rules violations
Merrill Lynch to Pay Large Fine, Admit to SEC Rules Violations
In late June, Merrill Lynch, Pierce, Fenner & Smith Inc. and Merrill Lynch Professional Clearing Corp. agreed to wrongdoing and a fine of $415 million to settle charges involving violations of Consumer Protection and Exchange Act rules. Rule violations at issue At issue in the case was Merrill Lynch’s alleged violation of Exchange Act Rule 15c3-3, […]
