Merrill Lynch

Complaint Filed Against Merrill Lynch Matt Bar Advisor For $100K

Columbia, Maryland’s established financial advisor, Matt Barr (CRD# 5224488), erstwhile captain of many economic vessels, has allegedly been steering off course. An investor complaint recently surfaced, suggesting that Barr’s navigation within the financial seascape was performed without the map holder’s consent – a notable infraction within the financial industry. Observations from the Financial Industry Regulatory […]

Complaint Filed Against Merrill Lynch Matt Bar Advisor For $100K Read More »

Wall street fine

Unpreserved Electronic Communication of Employees Leads to $1.8B Collectively in Fines for Several Firms

A number of firms including UBS, Morgan Stanley, and Bank of America, have been asked by regulators to pay approximately $1.8 billion in the form of penalties for their failures with regard to the preservation of electronic communications of employees. The subject is one that regulators have been concerned about for several years. The levy

Unpreserved Electronic Communication of Employees Leads to $1.8B Collectively in Fines for Several Firms Read More »

Merrill Lynch Hit with $15.2 Fine For Mutual Fund Share Sales

Restitution of $15.2 million, which includes an interest component of $1.8 million, is what Merrill Lynch has been asked to be paid by the Financial Industry Regulatory Authority (FINRA), apart from being censured. The restitution pertains to customers purchasing mutual funds being charged excessive fees. Merrill avoided the levy of a fine by the self-regulator,

Merrill Lynch Hit with $15.2 Fine For Mutual Fund Share Sales Read More »

Scroll to Top