WFG Investments settles claims that it missed stock fraud
WFG Investments is settling charges that lax oversight led it to miss a stock-fraud scheme.
WFG Investments Inc. has agreed to pay a $200,000 fine to the Financial Industry Regulatory Authority Inc. over alleged lapses that led it to miss a stock-fraud scheme.
Finra signed off last week on the settlement, which stems from a pump-and-dump operation run in 2006 and 2007 by John Mazzuto, for
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