UPDATE 2-Oppenheimer to pay fine for lax supervision of Broadway scam broker
March 26, 2015 at 12:33 PM EDT
March 26 (Reuters) - Wall Street's watchdog sanctioned Oppenheimer & Co a total of $3.75 million on Thursday for failing to supervise a former broker who is now serving a prison sentence for defrauding the producers of Broadway production "Rebecca - The Musical."