Edward Jones uses “questionable telemarketing” tactics to recruit customers, according to New Hampshire regulators.

The firm made 20,000 calls to state residents on the National Do Not Call Registry, the New Hampshire Bureau of Securities Regulation said today in a complaint seeking a fine of as much as $3 million. Consumers level more complaints about unsolicited phone calls from St. Louis-based Edward Jones than any other brokerage, the regulators said.

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