Edward Jones faces $17M settlement after serious oversight …

MADISON, WI— Brokerage firm Edward Jones has agreed to a $17 million settlement following a four-year investigation by state securities regulators, including the Wisconsin Department of ...

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Edward Jones Faces $17M Settlement After Serious Oversight …

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MADISON, WI— Brokerage firm Edward Jones has agreed to a $17 million settlement following a four-year investigation by state securities regulators, including the Wisconsin Department of ...

msn.com

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Edward Jones To Pay $17M To Settle Mutual Fund Fee Overcharging …

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6 days ago · A four year investigation by state regulators has left Edward Jones with a $17 million penalty resulting from overcharging certain customers for mutual fund sales fees. The North …

investmentnews.com

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NASAA Announces $17 Million Multi-State Enforcement …

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Multi-State Working Group Finds Supervisory Failures with Respect to Class A Mutual Fund Shares. WASHINGTON, D.C. – (January 8, 2025) – The North American Securities …

nasaa.org

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Edward Jones Pays $17M To Settle State Regulators’ Investigation ...

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6 days ago · Edward Jones will pay $17 million to settle an investigation by state securities regulators into how the firm supervised the transfer of brokerage account assets into advisory …

wealthmanagement.com

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Edward Jones To Pay US$17 Million In NASAA Settlement

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6 days ago · The umbrella group of U.S. state and Canadian provincial regulators, the North American Securities Administrators Association (NASAA), announced a US$17-million …

investmentexecutive.com

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State Regulators Fine Edward Jones $17 Million For Mutual Fund ...

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Jan 8, 2025 · Edward D. Jones & Co. has agreed to pay $17 million to settle charges from multiple state securities regulators that it wrongfully charged commissions on certain mutual …

advisorhub.com

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State Regulators Strike $17M Settlement With Edward Jones

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6 days ago · Edward Jones, which has more than 20,000 advisors in the U.S. and Canada, agreed to pay administrative fines of roughly $320,000 to each of the 50 states, as well as the …

financial-planning.com

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TDCI Joins $17 Millon Multi-State Enforcement Settlement With …

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6 days ago · NASHVILLE – The Tennessee Department of Commerce & Insurance (TDCI), a member of the North American Securities Administrators Association (NASAA), has joined a …

tn.gov

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Attorney General Alan Wilson Joins In $17 Million Settlement With ...

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1 day ago · The settlement resulted from a four-year multi-state investigation, led by a working group of 14 state securities regulators, that looked into Edward Jones’ supervision of …

scag.gov

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Edward Jones To Pay $17M For Mutual Fund Overcharges, Violating …

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5 days ago · The investigation, which was led by a group of 14 state securities regulators who discovered gaps in the firm’s supervisory process, focused on Edward Jones’ supervision of …

benefitspro.com

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NASAA Announces $17m Multi-state Settlement With Edward Jones

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6 days ago · The North American Securities Administrators Association (NASAA) has announced a $17m settlement with Edward D Jones & Co, LP after conducting an investigation into the …

globalrelay.com

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Wyoming Joins $17 Million Multi-state Enforcement Settlement …

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5 days ago · CHEYENNE – Wyoming's secretary of state has joined a $17 million settlement with Edward D. Jones & Co., L.P. resulting from an investigation into the broker-dealer’s …

wyomingnews.com

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Edward Jones To Pay $17M Fine To State Regulators Over Fund Fees

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5 days ago · The settlement is the result of a four-year investigation led by 14 state regulators that “found gaps in Edward Jones’s supervisory procedures,” according to NASAA’s announcement.

fa-mag.com

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Dept. Of Financial Institutions: Wisconsin Joins $17 Million Multi ...

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6 days ago · The four-year investigation was led by a working group of 14 state securities regulators and looked into Edward Jones’s supervision of customers moving from brokerage to …

wispolitics.com

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DFR Joins $17 Million NASAA Multi-state Settlement Against …

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4 days ago · The four-year investigation, led by a working group of 14 state securities regulators, investigated Edward Jones’s supervision of customers moving from brokerage to advisory …

vermontbiz.com

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Nebraska Is Part Of $17M Enforcement Settlement With Edward Jones

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4 days ago · The four-year investigation, led by a working group of 14 state securities regulators, examined Edward Jones’ supervision of customers moving from brokerage to advisory …

ruralradio.com

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Oregon DFR Joins $17M Settlement With Edward Jones Over …

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5 days ago · Salem, OR. – Official Release: The Oregon Division of Financial Regulation (DFR), a member of the North American Securities Administrators Association (NASAA), has joined a …

rightnoworegon.com

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Edward Jones Pays $17M To Settle State Regulators’ Investigation

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6 days ago · Edward Jones paid $17 million to settle a probe by state regulators into its handling of brokerage account asset transfers from 2016 to 2018. The firm’s clients paid over $10 …

investmentfraudlawyers.com

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Edward Jones Faces $17M Settlement After Serious Oversight …

2 weeks from now

MADISON, WI— Brokerage firm Edward Jones has agreed to a $17 million settlement following a four-year investigation by state securities regulators, including the Wisconsin Department of …

newsbreak.com

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Edward Jones Settles $17 Million Case Over Supervisory Failures

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1 day ago · Under the terms of the settlement, Edward Jones will pay an administrative fine of about $320,000 to each of the 50 states, Washington D.C., the U.S. Virgin Islands, and Puerto …

legalnewsline.com

FAQs about Edward Jones faces $17M settlement after serious oversight … Coupon?

Why did Edward Jones settle a $17 million settlement?

MADISON, WI— Brokerage firm Edward Jones has agreed to a $17 million settlement following a four-year investigation by state securities regulators, including the Wisconsin Department of Financial Institutions (DFI). ...

How much will Edward Jones pay to settle FINRA case?

Edward Jones will pay $1.1 million to settle FINRA's case accusing the firm of failing to produce phone records involving 10 investigations over four years in a timely and complete manner. ...

How much money will Edward Jones pay?

Financial Penalties: Edward Jones will pay approximately $320,000 to each of the 50 states, Washington D.C., the U.S. Virgin Islands, and Puerto Rico. Wisconsin will receive an additional $15,000 to cover administrative and investigatory costs. ...

Did Edward Jones charge upfront fees for long-term investments?

A press release from the DFI detailed the case and the settlement. According to InvestmentNews, the problem is that Edward Jones charged clients upfront fees for long-term investments, then moved their assets into fee-based accounts early, causing them to pay unnecessary, overlapping fees. ...

Did Edward Jones supervise a Class A mutual fund?

The investigation revealed that Edward Jones did not adequately supervise situations where customers paid upfront commissions for Class A mutual fund shares and later moved these investments into fee-based advisory accounts. A press release from the DFI detailed the case and the settlement. ...