Merriman Capital Sanctioned By Securities Regulators In Connection With Its Written Supervisory Procedures

Posted by

Merriman Capital, Inc. was sanctioned by securities regulators in connection with claims that it failed to establish, maintain, and enforce written supervisory procedures. Merriman Capital was censured, fined $120,000, and forced to retain an independent consultant and revise its written supervisory procedures by the Financial Industry Regulatory Authority (FINRA). Merriman Capital failed to maintain written… Read more »