2020066667001 Merrill Lynch, Pierce, Fenner & Smith Incorporated, CRD 7691 AWC vr (2023-1691713206307).pdf
FINANCIAL INDUSTRY REGULATORY AUTHORITY
LETTER OF ACCEPTANCE, WAIVER, AND CONSENT
NO. 2020066667001
TO: Department of Enforcement
Financial Industry Regulatory Authority (FINRA)
RE: Merrill Lynch, Pierce, Fenner & Smith Incorporated (Respondent)
Member Firm
CRD No. 7691
Pursuant to FINRA Rule 9216, Respondent Merrill Lynch, Pierce, Fenner & Smith Incorporated
submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a
settlement of the alleged rule violations described below.
2021071191801 RBC Capital Markets, LLC CRD 31194 AWC vr (2023-1691713206304).pdf
FINANCIAL INDUSTRY REGULATORY AUTHORITY
LETTER OF ACCEPTANCE, WAIVER, AND CONSENT
NO. 2021071191801
TO: Department of Enforcement
Financial Industry Regulatory Authority (FINRA)
RE: RBC Capital Markets, LLC (Respondent)
Member Firm
CRD No. 31194
Pursuant to FINRA Rule 9216, Respondent RBC Capital Markets, LLC submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.
FINRA Fines Merrill Lynch $6 Million for Longstanding AML Program Failures
Firm Failed to File Nearly 1,500 Suspicious Activity Reports
WASHINGTON—FINRA announced today that it has fined Merrill Lynch, Pierce, Fenner & Smith Inc. $6 million for failing to establish and implement policies, procedures, and internal controls reasonably designed to cause the reporting of suspicious transactions as required by the Bank Secrecy Act.
2021072679901 David R. Geake CRD 3088891 AWC gg (2023-1691626813100).pdf
FINANCIAL INDUSTRY REGULATORY AUTHORITY
LETTER OF ACCEPTANCE, WAIVER, AND CONSENT
NO. 2021072679901
TO: Department of Enforcement
Financial Industry Regulatory Authority (FINRA)
RE: David R. Geake (Respondent)
Former General Securities Representative
CRD No. 3088891
Pursuant to FINRA Rule 9216, Respondent David R. Geake submits this Letter of Acceptance,
Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule
violations described below.
2023078100501 Billy P. Stanage, Jr. CRD 4450674 AWC gg (2023-1691626813120).pdf
FINANCIAL INDUSTRY REGULATORY AUTHORITY
LETTER OF ACCEPTANCE, WAIVER, AND CONSENT
NO. 2023078100501
TO: Department of Enforcement
Financial Industry Regulatory Authority (FINRA)
RE: Billy P. Stanage, Jr. (Respondent)
Former General Securities Representative
CRD No. 4450674
Pursuant to FINRA Rule 9216, Respondent Billy P. Stanage, Jr. submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.