US SEC says 16 firms to pay more than $81 mln over recordkeeping failures

Oppenheimer Holdings

09/02/2024 14:06

WASHINGTON, Feb 9 (Reuters) - The U.S. Securities and
Exchange Commission said on Friday that 16 firms will pay more
than $81 million to settle charges for widespread recordkeeping
failures. 
    The agency announced charges against five broker-dealers,
seven dually registered broker-dealers and investment advisers,
and four affiliated investment advisers, according to a
statement. 

 (Reporting by Doina Chiacu; Editing by Susan Heavey)
 ((doina.chiacu@thomsonreuters.com; 202-898-8322;))