Merrill pays $15.2 million to investors who spent too much for …

Merrill Pays $15.2 Million To Investors Who Spent Too Much For …

3 weeks from now

Jun 2, 2022  · Finra alleged that from January 2015 to January 2021, Merrill Lynch failed to detect and limit customers who were purchasing too many Class C mutual fund shares, according to …

investmentnews.com

Merrill Lynch Settles FINRA Mutual Fund Case For $15.2M | Financial ...

3 weeks from now

Jun 6, 2022  · The restitution plus interest in the most recent settlement, plus those ordered in Merrill’s two previous FINRA cases, adds up to $46.8 million in client mutual fund fees during …

financial-planning.com

Merrill Lynch Resolves Mutual Fund Overcharging Case - Investment …

3 weeks from now

Jun 2, 2022  · U.S. regulators ordered brokerage firm Merrill Lynch Pierce Fenner & Smith Inc. to pay US$15.2 million in restitution to clients who were put into a pricier category of mutual …

investmentexecutive.com

Merrill To Reimburse Customers $15.2 Million For Mutual Fund …

3 weeks from now

Jun 2, 2022  · The Financial Industry Regulatory Authority ordered Merrill Lynch to reimburse customers $15.2 million for selling more expensive mutual fund share classes when others …

advisorhub.com

Bank Of America's Merrill Lynch To Pay $15.2 Million To …

3 weeks from now

Jun 2, 2022  · NEW YORK (Reuters) -Bank of America Corp's Merrill Lynch unit will pay more than $15.2 million to thousands of customers who it steered automatically into buying costlier …

yahoo.com

Merrill Lynch To Pay Over $15.2M To Mutual Fund Shareholders

3 weeks from now

Jun 3, 2022  · The Financial Industry Regulatory Authority ordered Merrill Lynch Pierce Fenner & Smith Inc. to pay over $15.2 million in restitution and interest to thousands of customers who …

spglobal.com

UPDATE 1-Bank Of America's Merrill Lynch To Pay $15.2 Mln To ...

3 weeks from now

Jun 2, 2022  · Bank of America Corp's Merrill Lynch unit will pay more than $15.2 million to thousands of customers who it steered automatically into buying costlier mutual fund shares …

yahoo.com

Merrill Lynch To Pay $15 Million In Restitution To Settle FINRA …

3 weeks from now

Jun 6, 2022  · The Financial Industry Regulatory Authority has censured and ordered Merrill Lynch to pay approximately $15.2 million ($13.4 million, plus interest) in restitution to customers who …

thediwire.com

Merrill To Pay $1.5 Million After Brokers Sidestepped Fee Waivers: …

3 weeks from now

Jul 3, 2024  · The Financial Industry Regulatory Authority censured Merrill Lynch and ordered it to pay $1.5 million to over 1,300 customers who were charged unnecessary fees in their advisory …

advisorhub.com

FINRA: Merrill Lynch Must Pay $15.2M In Restitution To Customers

3 weeks from now

Jun 7, 2022  · For the third time in eight years, Merrill Lynch, Pierce, Fenner & Smith has been ordered by the Financial Industry Regulatory Authority (FINRA) to pay restitution to thousands …

compliancechief360.com

Merrill Lynch To Pay $11.6M To Settle FINRA Case Over Unsuitable …

3 weeks from now

Jul 6, 2021  · FINRA is ordering Merrill Lynch to pay over $11.6m to settle unsuitable unit investment trust (UIT) rollover and excessive fee allegations.

investorlawyers.com

Merrill Lynch Fined $15.2 Million By FINRA

3 weeks from now

May 25, 2024  · Merrill Lynch was fined $15.2 Million ($13.4 Million plus interest) by Financial Industry Regulatory Authority ( FINRA ). It allegedly charged consumers exorbitant fees for …

financialadvisorcomplaints.com

Merrill Lynch, Peirce And Fenner & Smith, Inc. Fined 15.2 Million …

3 weeks from now

Aug 1, 2022  · FINRA has announced Merrill Lynch, Peirce and Finner & Smith, Inc. was fined more than $15.2 million for restitution owed to customers who purchased Class C mutual …

lgwmlaw.com

SEC Charges Pair Of Wells Fargo Advisory Firms And Merrill Lynch …

3 weeks from now

Jan 17, 2025  · The firms agreed to settle the SEC’s charges and pay $60 million in total civil penalties. According to the SEC’s orders, Wells Fargo Advisors and Merrill Lynch offered bank …

sec.gov