Finra tags two firms with penalties due to mutual fund sales
Emerson Equity and Triad Advisors reached end-of-the-year settlements related to complaints about poor supervision of certain mutual fund sales.
The Financial Industry Regulatory Authority Inc. wrapped up 2021 with settlements and penalties against two sizable broker-dealers that work with independent-contractor financial advisers.
On Dec. 22, Finra penalized Emerson Equity $1.7 million for years of poor supervision of short-term mutual
Learn more about reprints and licensing for this article.
