The following press release was from the State of Colorado regarding a settlement with E*Trade over the firm's auction rate securities issues. Colorado Securities Commissioner Announces Settlement of its Auction Rate Securities Enforcement Action against E*TRADE The Colorado Securities Commissioner Fred Joseph announced today that a settlement in principle has been reached between E*TRADE Securities, […]

WASHINGTON — In an article from FINRA's website, The Financial Industry Regulatory Authority (FINRA) announced that it has fined SunTrust Robinson Humphrey, Inc. (SunTrust RH) and SunTrust Investment Services, Inc. (SunTrust IS) for violations related to the sale of auction rate securities (ARS). SunTrust RH, which underwrote the ARS, was fined $4.6 million for failing to […]