Prudential to Pay $11 Million for Delayed Fund Orders

Trades were placed one to two days after the orders arrived by fax or mail, causing some customers to get inferior prices from late 2003 until June 2011, the Financial Industry Regulatory Authority said in a statement.

To continue, please sign in or become a member.
Join the Financial Planning
Community
MEMBERSHIP IS FREE
  • Access to essential information that independent advisors need to make informed decisions
  • Exclusive E-Newsletters delivering the latest headlines to your inbox
  • Access to white papers, web seminars, blogs, discussion boards, and CE exams
Have an account?
SIGN IN HERE
Remember me Forgot password?