Edward D. Jones & Co., L.P. Fined by FINRA
19 June 2019
An AWC was issued in which the firm was censured, fined $40,000, and ordered to certify in writing that it has reviewed its systems, policies and procedures, written or otherwise, governing its review, analysis and disclosure of alleged damages in customer complaints and that it has established and implemented systems, policies and procedures, written and otherwise, governing the review, analysis and disclosure of alleged damages in customer complaints that are reasonably designed to achieve compliance with applicable FINRA rules and by-laws.
