Business ProfileforEdward Jones
Current Alerts For This Business
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On August 14, 2024 the business entered into an Offer of Settlement with the Securities and Exchange Commission. The Offer of Settlement settles allegations that the business:
-Sent and received off-channel communications on personal devices that were records required to be maintained under the Exchange Act and Rule 17a-4(b)(4) and or Advisers Act and Rule 204-2(a)(7).
-Failure to reasonably supervise its personnel within the meaning of Section 15(b)(4)(E) of the Exchange Act and Section 203(e)(6) of the Advisers Act.
Under the terms of the Offer of Settlement, the business agreed to the following sanctions:
-Cease and desist from committing or causing any violations and any future violations of Section 17(a) of the Exchange Act and Rule 17a-4 thereunder.
-Cease and desist from committing or causing any violations and any future violations of Section 204 of the Advisers Act and Rule 204-2 thereunder.
-The business is censured.
-The business shall pay a civil money penalty in the amount of $50,000,000 to the Securities and Exchange Commission.
The Offer of Settlement was for settlement purposes only and should not be considered as an admission of guilt or finding violation of the law. For more details go to https://www.sec.gov/newsroom/press-releases/2024-98?utm_medium=email&utm_source=govdelivery.
At-a-glance
Related Categories
Overview
Business Details
- Location of This Business
- 1 Grand Avenue Plaza Ste A, Roswell, NM 88201-6411
- Headquarters
- 12555 Manchester Rd, Saint Louis, MO 63131-3710
- Type of Entity:
- Corporation
- Alternate Business Name
- Edward D. Jones & Co.
- Business Management
- Mr. Ivan Wozniak
- Mr. Steve Harris, Financial Advisor
- Ms. Cindy Kuhn, Branch Manager
- Contact Information
Principal
- Mr. Steve Harris, Financial Advisor
- Ms. Cindy Kuhn, Branch Manager
Customer Contact
- Mr. Steve Harris, Financial Advisor
- Additional Contact Information
Website Addresses
BBB Business Profiles may not be reproduced for sales or promotional purposes.
BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.
As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.