Fined: RBC Capital Markets, LLC Fined by FINRA

Fined

RBC Capital Markets, LLC Fined by FINRA

8 November 2018

An AWC was issued in which the firm was censured and fined $215,000. Without admitting or denying the findings, the firm consented to the sanctions and to the entry of findings that it failed to implement and enforce a supervisory system reasonably designed to achieve compliance with the applicable securities laws and regulations, including SEC and FINRA rules, regarding the close-out of fail-to-deliver positions.

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