
The Financial Industry Regulatory Authority ordered Raymond James & Associates, Inc. (RJA) And Raymond James Financial Services, Inc. (RJFS) To pay restitution of $1.69 million to more than 15,500 investors who were charged unfair and unreasonable commissions on securities transactions. FINRA also fined RJA $225,000 and RJFS $200,000. For more info visit https://www.finra.org/media-center/news-releases/2011/finra-orders-raymond-james-associates-inc-and-raymond-james-financial