Elevation, LLC (CRD #140341, Charlotte, North Carolina)   submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $10,000.   Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it commenced an options business, engaged in options transactions […]

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 […]