Six states impose $4.2M fine on Raymond James for excessive fees

Six States Impose $4.2M Fine On Raymond James For Excessive Fees

22 hours ago

Jul 11, 2023  · Six states ordered Raymond James to pay $4.2 million in fines and penalties and return $8.25 million to retail customers who were charged excessive commissions for small-dollar trades.

investmentnews.com

Raymond James To Pay Nearly $12.5 Million For ‘Nickel-and …

22 hours ago

Jul 11, 2023  · The release estimated that Massachusetts-based clients of Raymond James would be netting more than $185,000, plus 6% interest and the state would receive $100,000 in fine …

advisorhub.com

Massachusetts Fines Raymond James For Charging ‘unreasonably …

22 hours ago

Jul 11, 2023  · William F. Galvin, the Secretary of the Commonwealth of Massachusetts, ordered Raymond James Financial Services, Inc. RJF to return $8.25 million plus interest to customers …

marketwatch.com

Raymond James To Pay $13M Over High Fees - ThinkAdvisor

22 hours ago

Jul 11, 2023  · The firm agreed to pay $4.5 million in fines to state regulators and to return $8.25 million plus interest to clients. Raymond James to Pay $13M Over High Fees Tax Facts …

thinkadvisor.com

WA DFI Joins $12.4 Million Settlement With Raymond James For …

22 hours ago

Jul 11, 2023  · OLYMPIA – The Washington State Department of Financial Institutions (DFI) announced today that it has joined a multi-state settlement with Raymond James & …

wa.gov

Raymond James Agrees To Pay $12.5M+ Over High Fees

22 hours ago

Jul 12, 2023  · Raymond James, which did not admit or deny the regulators' findings, is required to pay the $8.25 million, plus interest, in restitution to the customers, as well as a total of $4.2 …

financialadvisoriq.com

Raymond James Settles Oregon Allegations That It Overcharged …

22 hours ago

Last July, Raymond James agreed to pay $13 million to settle the overcharge allegations with a consortium of states that alleged the company had errantly collected $8.25 million in excessive ...

msn.com

Raymond James To Pay $13 Million For Unreasonable Fees

22 hours ago

The company charged excessive commissions on over 270,000 equity transactions and trades, resulting in its customers paying $8.25 million more than they should have, the North …

barrons.com

NASAA Announces $13 Million Settlement With Raymond James

22 hours ago

Multi-State Working Group Finds Firm Overcharged Customers. WASHINGTON, D.C. – (July 11, 2023) – The North American Securities Administrators Association (NASAA) has announced a …

nasaa.org

ACC Joins Other States In $12.4 Million Settlement With Raymond …

22 hours ago

Dec 6, 2024  · Phoenix, Ariz. - The Arizona Corporation Commission announced it has joined a multi-state settlement with two financial services firms of Raymond James, which will pay …

azcc.gov

Chris M. On LinkedIn: Six States Impose $4.2M Fine On Raymond …

22 hours ago

Six states impose $4.2M fine on Raymond James for excessive fees https://advisoroutreach.com

linkedin.com

Advisor Outreach On LinkedIn: Six States Impose $4.2M Fine On …

22 hours ago

Six states impose $4.2M fine on Raymond James for excessive fees https://advisoroutreach.com

linkedin.com

Raymond James To Pay $1.1M For Overcharges, Supervisory Lapse: …

22 hours ago

Oct 21, 2022  · RJFS consented to an $800,000 fine plus restitution to an over-billed customer of $48,574.79. RJA consented to a $300,000 fine, according to the letter, which noted that most …

advisorhub.com

Massachusetts Fines Raymond James For Charging ‘unreasonably …

22 hours ago

Jul 11, 2023  · He also ordered Raymond James to pay $4.2 million in fines and penalties to the six states involved in the probe of the financial firm. Galvin, the Secretary of the …

headtopics.com

InvestmentNews On LinkedIn: Raymond James Fined $4.2M For …

22 hours ago

Six states ordered Raymond James to pay $4.2 million in fines and penalties and return $8.25 million to retail customers who were charged excessive commissions for small-dollar trades.

linkedin.com