Finra expels Provident broker-dealer over private placements
The financial industry watchdog says this may be just be the begining in a crackdown on private placements
In its first action stemming from the blowup of private placements sold through independent broker-dealers, Finra said this morning it had kicked out a broker-dealer at the center of the problem.
Provident Asset Management LLC has been expelled from the industry, the Financial Industry Regulatory A
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