Fined: OTA LLC Fined by FINRA

Fined
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OTA LLC Fined by FINRA

8 July 2019

An AWC was issued in which the firm was censured and fined $15,000. Without admitting or denying the findings, the firm consented to the sanctions and to the entry of findings that it had fail-to-deliver positions at a registered clearing agency and did not close out the fails by purchasing or borrowing securities of like kind or quantity within the required timeframe.

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