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Articles Posted in Mutual Fund Sales Charges

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FINRA Fines Cetera Almost $2 Million for Mutual Fund Sales Charge Violations

FINRA entered into a settlement with Cetera Advisor Networks LLC (CRD# 13572) over improprieties related to mutual sales fund charge waivers. According to the Acceptance, Waiver and Consent (“AWC’) entered into between Cetera and FINRA, Cetera disadvantaged certain retirement plan and charitable organization customers that were eligible to purchase certain…

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