Raymond James & Associates, Inc. (CRD #705, St. Petersburg, Florida) FINRA censured and fined Raymond James & Associates $22,500. FINRA's findings stated that allegedly Raymond James failed to execute customer limit orders in OTC (over-the-counter) securities after Raymond James traded each security for its own market-making account, and occasionally, failed to execute the order at […]

VFinance Investments Inc. of Boca Raton, FL, was 1.) fined $27,500 by FINRA for alleged failure to immediately publish a bid for several OTC securities that were higher than earlier bids, and 2.) fined $17,500 and ordered to pay $2,617 to customers for failure to use the most favorable prices for customers in the sale […]