Merrill Lynch Fined Over MSRB Rule Violations

The Financial Industry Regulatory Authority, or FINRA, recently announced that Merrill Lynch was fined. Here is more information about the fine:

• The fine against Merrill Lynch covers activity from February 2015 through June 2021.
• FINRA alleged that Merrill Lynch violated MDRB Rule G-27 as well as FINRA Rule 2010.
• Merrill Lynch paid a fine of $1.5 million to FINRA.
• FINRA alleged that Merrill also failed to comply with MSRB Rule G-17’s Fair Dealing Requirement.

Did You Lose Money Investing With Merrill Lynch?

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