BofA to Pay SEC $7.5 Million Over Reporting Lapse Allegations
Bank of America Corp. agreed to pay $7.5 million to the Securities and Exchange Commission to settle allegations that its Merrill Lynch brokerage failed to properly file all required suspicious activity reports, according to a administrative action filed Monday.
Bank of America Corp. agreed to pay $7.5 million to the Securities and Exchange Commission to settle allegations that its Merrill Lynch brokerage failed to properly file all required suspicious activity reports, according to a administrative action filed Monday.
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