Tag Archives: Outside Business

FINRA Fine Conflict of Interest

On Sep. 17, FINRA fined Cetera re employee outside business. Settlement with Cetera Financial, in which firm was censured and fined $200k. Alleged Violations Firm failed to enforce system to monitor employee outside business activities. A representative disclosed power-of-attorney of two senior customer accounts. However, the firm did not review, evaluate or respond to the…
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