US SEC fines BofA's Merrill Lynch $7.5 million over suspicious activity reports

Bank of America Corp

Bank of America Corp

BAC

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June 29 (Reuters) - The U.S. Securities and Exchange Commission said on Monday it fined Bank of America's BAC.N Merrill Lynch unit $7.5 million for failing to file numerous suspicious activity reports from April 2020 to September 2024.


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