
NASD imposed a $5 million fine against metlife Securities, Inc., New England Securities, Inc. And Walnut Street Securities, Inc.-all owned by metlife, Inc.-for providing inaccurate and deceptive information to NASD, allowing late trading of mutual funds, failing to produce emails in a timely fashion and other conduct that violates nasd's rules. For more info visit https://www.investmentexecutive.com/news/from-the-regulators/nasd-fines-three-securities-firms-5-million/