Fifth Third Bancorp’s Fifth Third Securities Inc. investment brokerage unit has agreed to pay a $4 million fine levied by a regulatory body for rules violations related to its sale of investment products.
The Financial Industry Regulatory Authority, a self-regulating governing body for the investment brokerage industry, levied the fine on Tuesday after Fifth Third (Nasdaq: FITB), the nation’s 13th biggest bank, agreed to that fine and other sanctions. Fifth Third also agreed to pay about $2…
