Broker-Dealer Settles FINRA Charges For Failing To Maintain Supervisory System For Mutual Fund Switches

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Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
A broker-dealer agreed to pay $75,000 to settle FINRA charges for failing to sufficiently monitor mutual fund switches.
United States Finance and Banking

A broker-dealer agreed to pay $75,000 to settle FINRA charges for failing to sufficiently monitor mutual fund switches.

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