Finra obtains $2.7 million in restitution related to 529 share-class initiative
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Morgan Stanley’s $1.7 million settlement highlights remedies for excessive fees
Finra announced Wednesday it will return $2.7 million to harmed investors in the initial results of a program targeting brokerages that earned excessive fees for 529 college savings plans.
Most of the restitution the Financial Industry Regulatory Authority Inc. obtained came from a $1.7 settlemen
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