Violation Tracker Individual Record
Company:LPL Financial, LLC
Date:October 30, 2018
Offense Group:financial offenses
Primary Offense:investor protection violation
Secondary Offense:anti-money-laundering deficiencies
FINRA fined LPL Financial, LLC $2.75 million for complaint-reporting and anti-money-laundering program failures that spanned a period of more than three years.
Level of Government:federal
Action Type:agency action
Agency:Financial Industry Regulatory Authority
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:California
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:investment advisory services
FINRA is a securities industry self-regulatory body authorized by the federal government.
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