Finra slaps MassMutual B-D with $250,000 fine for not promptly reporting customer complaints
The disclosures that MML Investors Services delayed making included customer complaints and arbitrations, criminal charges and bankruptcies.
Finra Tuesday fined MML Investors Services, the retail broker-dealer unit for giant insurer MassMutual, $250,000 over the firm's more than two years of neglecting to update brokers' work histories and records to include dozens of customer complaints and other matters.
The brokers at issue weren'
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