FINRA fines Merrill Lynch for failures in supervision of leveraged clients

NEW YORK (Reuters) - The Financial Industry Regulatory Authority said on Wednesday it fined Bank of America Merrill Lynch $7 million for inadequate supervision of client brokerage accounts that used leverage to buy Puerto Rican municipal bonds and other securities.

FINRA fines Merrill Lynch for failures in supervision of leveraged clients
Read More


Bagikan Berita Ini