Giannoulias Secures Nearly $950,000 for Illinois Investors in a $19 Million Settlement

Giannoulias Secures Nearly $950,000 for Illinois Investors in a $19 Million Settlement

SPRINGFIELD – Illinois Secretary of State Alexi Giannoulias announced nearly $950,000 will be returned to Illinois investors as part of a $19 million multi-state settlement involving five major brokerage firms accused of charging unfair fees on small stock trades. The firms – Edward Jones, LPL Financial, RBC, Stifel and TD Ameritrade – were found by regulators in multiple states to have charged unreasonably high commissions on small-dollar trade…