UPDATE 2-Bank of America broker-dealer unit pay $5 mln penalty to settle trading probes
September 22, 2017 at 14:23 PM EDT
WASHINGTON, Sept 22 (Reuters) - The U.S. Commodity Futures Trading Commission and Justice Department on Friday ordered Merrill Lynch, Pierce, Fenner & Smith Inc to pay a total of $5 million in civil penalties for record-keeping violations and failing to supervise its traders properly in 2010.
