SEC fines J.P. Morgan, UBS, TradeStation total of $2.5 million for lax ID theft prevention
Each of the firms failed to comply with the agency's rule on identify theft red flags.
The Securities and Exchange Commission announced Wednesday that it imposed a total of $2.5 million in fines on J.P. Morgan Securities, UBS Financial Services Inc. and TradeStation Securities Inc. for deficiencies related to their efforts to protect customers from identity theft.
The agency allege
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