Oppenheimer to pay nearly $3 mln for improper ETF sales -regulator
June 08, 2016 at 10:35 AM EDT
June 8 (Reuters) - Oppenheimer & Co agreed to pay nearly $3 million in fines and restitution to settle U.S. regulatory charges that it improperly sold risky exchange-traded funds to risk-averse elderly customers and other retail investors.
