A broker-dealer settled FINRA charges for the firm's failure to fulfill its supervisory and inspection requirements, including oversight of electronic communications, outside business activities, and the firm's branch offices.
To settle the charges, the broker-dealer agreed to (i) a censure, (ii) payment of a $15,000 fine, and (iii) comply with the corrective undertakings outlined in the Letter of Acceptance, Waiver and Consent (or "AWC").
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