mutual fund
Tag Archive

  • Ameriprise Financial Services Fined

    July 15, 2013 Comments (0) Blog, Securities Fraud

    Amerprise Financial Services, Inc. (CRD #6363, Minneapolis, Minnesota) submitted as Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $525,000.00. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it was required

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  • FINRA Fines For Mutual Fund Sales Practices

    October 29, 2010 Comments (0) Blog, Securities Fraud

    In or about 2009, FINRA fined 25 broker-dealers a total of $2,145,000 for failures related to their completion of FINRA’s (then NASD’s) firm self-assessment of mutual fund breakpoint discount compliance. The self-assessment required firms that sold front-end load mutual funds to review their compliance in

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