A broker-dealer settled FINRA charges for disclosure failures on consolidated statements sent to customers.
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A broker-dealer settled FINRA charges for overstating the projected yield and annual income for nine money market funds on customer account statements.
A broker-dealer settled FINRA charges for (i) failing to disclose that various corporate and municipal bonds held by its customers were in default and (ii) failing to deliver a number of required disclosures to its customers.
An introducing broker-dealer settled FINRA charges for failing to maintain accurate records as to customers' securities holdings and cash balances and providing inaccurate information to customers.
The SEC is seeking comment on a FINRA-proposed modification to its previously proposed rule to amend requirements for customer account statements.