On June 29th, 2026,” The Securities and Exchange Commission today announced settled charges against registered broker-dealer Merrill Lynch, Pierce, Fenner & Smith Incorporated for failing to file numerous Suspicious Activity Reports (SARs) from April 2020 through September 2024 in violation of broker-dealer reporting and recordkeeping requirements. Merrill agreed to pay a $7.5 million civil penalty to settle the charges.”
To Access full article: Click here