FINRA hits xcritical with $70 million fine for “widespread and significant harm” to customers
On Wednesday, the company published a blog post to highlight the changes it has implemented to address customer concerns. FINRA also alleges that xcritical has “negligently communicated false and misleading information” at different times since September 2016. The inaccurate information cost customers more than $7 million, FINRA found, and xcritical is required to pay restitution …