Edward D. Jones & Co., L.P. - Consent Order
Summary
The North Dakota Securities Department has issued a consent order against Edward D. Jones & Co., L.P. The order details alleged violations and requires the firm to take specific corrective actions. This action stems from an enforcement investigation by the department.
What changed
The North Dakota Securities Department has issued an Administrative Consent Order against Edward D. Jones & Co., L.P., dated December 20, 2024. The order, which is the result of an enforcement action, outlines specific allegations and requires the firm to comply with certain provisions. While the exact nature of the violations is not detailed in the provided text, consent orders typically involve alleged breaches of securities laws or regulations.
Regulated entities, particularly broker-dealers and financial advisers operating in North Dakota, should review this order to understand the department's enforcement priorities and potential areas of concern. Edward D. Jones & Co., L.P. is required to adhere to the terms of the consent order, which may include enhanced compliance measures, training, or other corrective actions. Failure to comply with such orders can result in further penalties.
What to do next
- Review the full consent order for specific compliance obligations
- Assess internal policies and procedures for potential alignment with the order's requirements
- Consult with legal counsel regarding any specific actions required by the order
Source document (simplified)
Consent Order: Edward D. Jones & Co., L.P.
<< All News Monday, January 13, 2025 **Categories:* Enforcement Actions*
State of North Dakota
Securities Department
In the Matter of: Edward D. Jones & Co., L.P.
Administrative Consent Order
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