J.V.B. Financial Group, LLC Fined by FINRA
6 November 2018
A Letter of Acceptance, Waiver and Consent (AWC) was issued in which the firm was censured and fined $50,000. Without admitting or denying the findings, the firm consented to the sanctions and to the entry of findings that it failed to establish, document and maintain a system of risk management controls and supervisory procedures reasonably designed to manage the financial, regulatory and other risks associated with market access.
