Finra raps UBS, Vanguard with fines totaling $850,000
Firms failed to disclose some brokers' bankruptcies and other issues to regulators.
Finra fined two firms a total of $850,000 this week, sending a message that brokerages need to be more diligent about disclosing their brokers' bankruptcies, civil judgments and other violations to regulators.
The Financial Industry Regulatory Authority Inc. slapped UBS Financial Services Inc., the
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