TITLE

Merrill to Pay $2.5M Fine, Launch Reviews of E-mail to Settle SEC Charges

AUTHOR(S)
Hume, Lynn
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/14/2006, Vol. 355 Issue 32338, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the settlement of charges against Merrill Lynch Pierce Fenner & Smith Inc. alleging it violated securities laws and rules by repeatedly failing to provide e-mail messages promptly to the United Securities and Exchange Commission. The company will pay 2.5 million dollars and conduct internal and independent reviews of its electronic mail system.
ACCESSION #
20282053

 

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