Restitution

Posts In Restitution

Merrill Lynch to Pay $11.7 Million Over Unit Investment Trust (UIT) Supervisory Failures Jul 16
FINRA ordered Merrill Lynch to pay over $11 million in fines and restitution for supervisory ...
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Calton & Associates Sanctioned Over Volatile Exchange-Traded Product (ETP) Supervision Failures May 27
FINRA censured and fined Calton & Associates $250,000, ordering an additional $472,000 in ...
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FINRA Issues $1.3 Million Punishment After ONESCO's Unsuitable "Infinite Banking" Strategy of Variable Annuities Investments Nets Firm Over $732,000 in Commissions While Customers Incur $371,000 in Charges and Additional Damages May 04
FINRA fined Ohio National Life Insurance's ON Equity Sales Company (ONESCO) $275,000 and ordered $1 ...
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While Stating "We Routinely Have Legal Issues," Calton & Associates Adds $500,000 to ETF Legal Budget, Seeking to Pay Customers Restitution for Complex ETF Sales Mar 26
Calton & Associates president Dwayne Calton said in a March 2021 interview that the firm anticipates ...
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Broker San Nicolas Barred Over Recommendation to Purchase Las Vegas Raiders Seats Jan 31
FINRA barred former Edward Jones (Sparks, Nevada) broker Javelin Mikol San Nicolas aka Jovi San ...
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SoCal Ameriprise Broker Li Lin Hsu Sentenced for $8.2 Million Fraud Feb 05
Former Ameriprise Financial Services broker Li-Lin Hsu of Southern California received 136 months in ...
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