LPL Financial to pay $4.8M to settle claims of poor KYC procedures
By 
Aaron Nicodemus2021-10-01T19:44:00
The nation’s presumed top independent broker-dealer will pay more than $4.8 million to settle AML charges stemming from its alleged failure to reconcile inconsistencies of a new customer who would scam a Puerto Rican city out of millions of dollars.
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