FINRA disciplinary action update 2024/30
Disciplinary decisions issued July 27 – August 2, 2024.
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Riedl First Securities Company censured and fined for allegedly charging unfair prices in bond transactions
The firm charged 10 customers unfair prices in 160 corporate bonds transactions in which the firm sold corporate bonds and then used the proceeds of the sale to purchase new corporate bonds on the same
Compliance, Enforcement, FINRA, FINRA By-Laws Art III Sec 3, FINRA Rule 1210, FINRA Rule 2111, FINRA Rule 2121, FINRA Rule 2121.02, FINRA Rule 2231, FINRA Rule 3110, FINRA Rule 3280, FINRA Rule 4511, FINRA Rule 8311, Industry, MSRB Rule G-27, MSRB Rule G-30, NASD Rule 2340, SEA 1934 Rule 15c3-5, SEA 1934 Rule 17a-3, SEC Reg NMS Rule 600, SEC Reg NMS Rule 611, US Content