Regulatory Alerts2025-03-06
Commonwealth of Pennsylvania Department of Banking and Securities Consent Agreement and Order Regarding LPL Financial LLC
The Pennsylvania Department of Banking and Securities issued a Consent Agreement and Order against LPL Financial LLC following an investigation into violations of the Pennsylvania Securities Act of 1972. LPL Financial LLC agreed to the terms of this order without admitting or denying the allegations to resolve the matter in lieu of litigation. This settlement addresses the Bureau of Securities Compliance and Examinations' conclusion that the firm operated in violation of state securities laws.
Share