BGC Financial was fined $50,000 for failing to include two proprietary accounts in calculations of its overall net position in equity securities (e.g., “short” or “long”) being sold, which ultimately caused certain orders to be mismarked under Regulation SHO Rule 200(g).

Open to the Public Investing was fined $500,000 for failing to meet its best execution obligations.

Evercore Group was fined $100,000 for failing to establish, document, and maintain reasonably designed credit threshold controls.

J.P. Morgan Securities LLC was fined a total of $750,000 for findings that its financial risk management controls and supervisory procedures were not reasonably designed to prevent certain erroneous orders that exceeded appropriate price or size parameters.

Goldman Sachs & Co. was fined $3,000,000 for erroneously mismarking and routing certain sell orders. The findings stated that the firm mismarked approximately 60 million short sell orders as long, of which 26,944,700 were sent to an ATS.

Fenix Securities, LLC was fined $100,000 - and required to certify that it has remediated the issues identified in the AWC and implemented a supervisory system, including WSPs, and a documented system of risk management controls, including pre-order erroneous order controls, reasonably designed to achieve compliance with SEA Rule 15c3-5- for failing to establish, document, and maintain a system of risk management controls reasonably designed to manage the financial risks of its market access business activity.

SageTrader, LLC was fined $100,000 for failing to establish and implement anti-money laundering (AML) policies and procedures reasonably expected to detect and cause the reporting of suspicious activity.

Raymond James & Associates was fined $300,000 for issuing customers trade confirmations that inaccurately disclosed the firm’s execution capacity or whether the trade was executed at an average price, or inaccurately disclosed or omitted its status as a market maker in the security.

Wedbush Securities Inc. fined a total of $975,000 for failing to review electronic trading customers’ trading activities for potential manipulation.

Clearview Trading Advisors, Inc. was fined $100,000, and its General Securities Principal (GSP) was fined $25,000 and temporary suspended, for failing to establish and implement an anti-money laundering (AML) compliance program reasonably designed to detect and cause the reporting of suspicious activity in low-priced securities.

Scotia Capital was fined $300,000 for overreporting its short interest positions.

Barclays Capital Inc. (Barclays Capital) was fined $2 million for failing to comply with its best execution obligations in connection with its customers’ electronic equity orders.

UBS Securities LLC fined a total of $520,000 for findings that it included securities positions of a foreign affiliate when calculating the net positions of independent trading units.

Wedbush Securities Inc. fined a total of $900,000 for failing to comply with Rules 204(a), (b) and (c) of Regulation SHO.

Vision Brokerage Services, LLC & Vision Financial Markets LLC were fined, jointly and severally, a total of $850,000 for failing to develop and implement an AML program reasonably designed to achieve and monitor the firms’ compliance with the Bank Secrecy Act, i.e. trade surveillance.

Glendale Securities, Inc. was fined $50,000 for failing to develop and implement an anti-money laundering (AML) compliance program reasonably designed to detect and report suspicious transactions.

BofA Securities Inc. (BofAS) was fined $5 million for failing to report over-the-counter (OTC) options positions to the Large Options Positions Reporting system (LOPR) in more than 7.4 million instances, including 26 positions that were over the applicable OTC position limit, and related supervisory failures.

MM Global Securities, Inc. was fined $450,000 for failing to establish and implement an AML compliance program reasonably designed to detect and cause the reporting of suspicious activity, including manipulative trading, such as wash trades, matched orders, spoofing, or layering.

Joseph Stone Capital LLC was ordered to pay restitution of approximately $825,000 to customers whose accounts were excessively traded by the firm’s representatives. In related settlements, FINRA suspended eight current or former Joseph Stone representatives and required them to pay restitution. In addition, FINRA suspended three supervisors at the firm for failing to reasonably identify or respond to red flags of excessive trading, and barred two representatives for refusing to respond to FINRA’s requests for information in connection with the investigation.

UBS Securities LLC was fined $2.5 million for Regulation SHO (Reg SHO) violations and supervisory failures spanning a period of nine years.