FINRA Fines J.P. Morgan Securities $1.25 Million for Failing to Conduct Adequate Background Checks

Written By ESR News Blog Editor Thomas Ahearn On November 21, 2017, the Financial Industry Regulatory Authority (FINRA) – which regulates brokerage firms doing business in the U.S. – announced it had fined J.P. Morgan Securities, LLC $1.25 million for failing to conduct adequate background checks on approximately 8,600, or 95 percent, of its non-registered associated …

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Banks Have Special Obligation to Perform Background Checks when Hiring

  Written By ESR News Blog Editor Thomas Ahearn Banks and financial entities have a special obligation to exercise care when hiring due to regulations and the need to maintain a workforce that clients will trust. To help with this task, Attorney Lester Rosen, founder and CEO of Employment Screening Resources (ESR), will present a …

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