On Monday, July 6, 2015 the Financial Industry Regulatory Authority (FINRA) announced that Wells Fargo, Raymond James and LPL Financial were ordered to pay $15,000,000.00, $8.7 Million, and $6.3 Million Dollars, respectively in restitution, including interest, with payments to be made to customers effected by the firms’ failure to waive mutual funds sales charges for certain retirement and charitable accounts.

Read the full story here: http://www.finra.org/newsroom/2015/finra-sanctions-wells-fargo-raymond-james-and-lpl-30-million

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