All LPL Financial articles

  • LPL Financial

    LPL Financial to pay $4.8M to settle claims of poor KYC procedures


    The nation’s presumed top independent broker-dealer will pay more than $4.8 million to settle AML charges stemming from its alleged failure to reconcile inconsistencies of a new customer who would scam a Puerto Rican city out of millions of dollars.

  • Article

    LPL Financial names chief accounting officer


    LPL Financial, believed to be the largest independent broker-dealer in the United States, announced Brent Simonich has joined the firm as executive vice president, chief accounting officer and treasurer.