RJ units to pay $2.1M over commissions
Two broker-dealer subsidiaries of Raymond James Financial Inc. were ordered last week to pay $2.1 million in fines…
Two broker-dealer subsidiaries of Raymond James Financial Inc. were ordered last week to pay $2.1 million in fines and restitution to clients for allegedly “unfair and unreasonable commissions on securities transactions,” according to Finra.
The 27,000 transactions involved mo
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