Oppenheimer FINRA fine
Tag Archive

  • Oppenheimer fined over leveraged ETFs.

    June 27, 2016 Comments (0) Blog

    The Financial Industry Regulatory Authority recently announced that it has fined Oppenheimer & Co. Inc. $2.25 million and ordered the firm to pay restitution of more than $716,000 to affected customers for selling leveraged, inverse and inverse-leveraged exchange-traded funds (ETFs) to retail customers without

    Read More »
  • FINRA Fines Oppenheimer

    August 6, 2013 Comments (0) Blog, Securities Fraud

    On August 5, 2012 the Financial Industry Regulatory Authority (FINRA) announced that Oppenheimer & Co has been fined $1,425,000 for selling unregistered penny stocks and for failing to have implemented an adequate anti-money laundering (AML) program to detect suspicious transactions. In addition to the fine,

    Read More »