BB&T Securities Sanctioned by Securities Regulators For the Sale of Unregistered Securities

Scott & Stringfellow, LLC, before it merged with BB&T Securities, LLC, sold unregistered securities in violation of Securities Act of 1933, according to factual findings made by the Financial Industry Regulatory Authority (FINRA). BB&T Securities was fined $300,000 and censured in connection with the claims that Scott & Stringfellow sold unregistered securities. Scott & Stringfellow… Read more »