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January 7, 2015
FINRA Fines Virginia Firm for Alleged Excessive Mark-Up and Mark-Down

BB&T Securities, LLC (CRD #142785, Richmond, Virginia) was censured, fined $20,000 and ordered to pay $7,243.62, plus interest, in restitution to their clients for alleged excessive mark-ups on corporate bond transactions, excessive mark-down on a corporate bond transaction, and excessive mark-up on a municipal bond transaction. FINRA's findings said the mark-ups and mark-down were not […]

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