Finra dings another IBD over sales of GPB private placements
United Planners' Financial Services was negligent in 2018 when it failed to inform clients that GPB had missed a deadline for filing financial information, according to Finra.
The Financial Industry Regulatory Authority Inc. fined another independent broker-dealer, the rep-owned United Planners' Financial Services of America, on Friday for negligent sales to clients of GPB Capital Holdings private placements in light of GPB’s failure in 2018 to issue audited financial
Learn more about reprints and licensing for this article.
