CFTC orders Bank of America broker-dealer unit to pay $2.5 mln penalty
September 22, 2017 at 11:53 AM EDT
WASHINGTON, Sept 22 (Reuters) - The Commodity Futures Trading Commission ordered Merrill Lynch, Pierce, Fenner & Smith Incorporated to pay a $2.5 million civil penalty for failing to properly supervise its traders and for record keeping violations in 2010.
