Edward Jones Settles Multistate Investigation into Commissions and Supervisory Procedures
By EsqSocial Corporation 17/01/25
New Jersey AG Matthew Platkin has settled with Edward D. Jones & Co., L.P., as part of a multistate investigation that included 14 states and the North American Securities Administrators Association, over allegations that the broker-dealer overcharged customers and failed to adequately supervise its financial professionals when moving commission-based brokerage accounts to fee-based investment advisory accounts in violation of state securities laws....
By: Cozen O'Connor