First Horizon Advisors will pay a $325,000 fine to settle allegations from the Securities and Exchange Commission (SEC) that it violated Regulation Best Interest in part due to issues with incorporating a merged firms’ accounts into its systems.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...