Firm's anti-money-laundering unit failed to file timely Suspicious Activity Reports, regulator says.
Whistleblowers cited in Times article say the pension giant pressured reps to push expensive managed accounts.
Finra says Sandy Galuppo submitted improper reimbursement requests.
Firm failed to set up systems and adequately supervise representatives, regulator says.
Rep ordered to pay $245,000 in fines and restitution; Legend Securities fined $200,000.
New home uses Raymond James bank unit as broker-dealer and RIA.
Strategic Partners of Kansas oversees 38 advisers.
Mark Lazar in suburban Salt Lake City moves to firm's employee unit.
Regulator was looking into email use and unsuitable trading.
Finra censured firm for selling clients more expensive share classes.
