Business ProfileforEdward D. Jones
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The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On August 14, 2024 the business entered into an Offer of Settlement with the Securities and Exchange Commission. The Offer of Settlement settles allegations that the business:
-Sent and received off-channel communications on personal devices that were records required to be maintained under the Exchange Act and Rule 17a-4(b)(4) and or Advisers Act and Rule 204-2(a)(7).
-Failure to reasonably supervise its personnel within the meaning of Section 15(b)(4)(E) of the Exchange Act and Section 203(e)(6) of the Advisers Act.
Under the terms of the Offer of Settlement, the business agreed to the following sanctions:
-Cease and desist from committing or causing any violations and any future violations of Section 17(a) of the Exchange Act and Rule 17a-4 thereunder.
-Cease and desist from committing or causing any violations and any future violations of Section 204 of the Advisers Act and Rule 204-2 thereunder.
-The business is censured.
-The business shall pay a civil money penalty in the amount of $50,000,000 to the Securities and Exchange Commission.
The Offer of Settlement was for settlement purposes only and should not be considered as an admission of guilt or finding violation of the law. For more details go to https://www.sec.gov/newsroom/press-releases/2024-98?utm_medium=email&utm_source=govdelivery.
At-a-glance
Related Categories
Overview
Business Details
- Location of This Business
- 1715 E 20th St, Farmington, NM 87401
- Headquarters
- 12555 Manchester Rd, Saint Louis, MO 63131-3710
- BBB File Opened:
- 1/16/1997
- Years in Business:
- 102
- Business Started:
- 1/1/1922
- Business Started Locally:
- 9/1/1991
- Alternate Business Name
- Edward Jones
- Business Management
- Mr. Jim Sanbothe
- Contact Information
Customer Contact
- Mr. Jim Sanbothe
- Additional Contact Information
Fax Numbers
- (888) 259-8175Primary Fax
- (888) 259-8175
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