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Schwab to Dish Out $500k for FINRA Violation

Friday, May 02 2014
Regulatory & Compliance
Written by  PFA News

FA The Financial Industry Regulatory Authority has ruled that Charles Schwab violated industry regulations when it sought to keep investors from joining in a class action lawsuit and has fined the firm $500,000. So reports Compliance Week.

The charges results from waiver language contained in customer account agreements.

Read the full article from Compliance Week.

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