Cetera Broker-dealers to pay $3.2 Million in Refunds For Charging Institutional Clients Unnecessary Fees

/
Cetera Broker-dealers to pay $3.2 Million in Refunds For Charging Institutional Clients Unnecessary Fees

Furgison Law Group is currently investigating other claims against Cetera Broker-dealers. We are investigating claims involving allegations of breach of fiduciary duty, unsuitable investment recommendations, failure to supervise, misrepresentations, omissions of material facts, conflict of interests, violations of state and federal securities laws, along with other broker misconduct related to mutual fund and other investments.

Read More

FINRA Sanctions 12 Firms a Total of $6.7 Million for Failing to Apply Sales Charge Discounts to Customers' Purchases of UITs

/
FINRA Sanctions 12 Firms a Total of $6.7 Million for Failing to Apply Sales Charge Discounts to Customers' Purchases of UITs

FINRA ordered 12 firms to pay restitution totaling more than $4 million and fines totaling more than $2.6 million for failing to apply available sales charge discounts to customers' purchases of Unit Investment Trusts (UITs), and related supervisory failures.

Read More