Non-traditional ETFs

FINRA Sanctions LPL Financial LLC $11.7 Million for Widespread Supervisory Failures

By WEALAW / August 3, 2015 / Comments Off on FINRA Sanctions LPL Financial LLC $11.7 Million for Widespread Supervisory Failures

FINRA recently censured LPL Financial LLC and fined it $10 million for broad supervisory failures in a number of key areas, including the sales of non-traditional exchange-traded funds (ETFs), certain variable annuity contracts, non-traded real estate investment trusts (REITs) and other complex products as well as its failure to monitor and report trades and deliver…

Read More