Updated Thursday, April 17, 2014 as of 5:39 AM ET
Practice - Regulatory/Compliance
FINRA Slaps Stifel, Century Securities With $1M Fines
by: Andrew Welsch
Thursday, January 9, 2014
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FINRA ordered Stifel, Nicolaus and Century Securities Associates to pay fines and restitution totaling more than $1 million for allowing its advisors to make unsuitable recommendations of two types of highly risky ETFs to clients, and for failing to train and supervise its advisors on the complexities of the two funds.

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