Tag: Merrill Lynch Equities

Merrill Lynch Equities (Australia) Limited ('MLEA') has paid a total penalty of $140,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel ('the MDP'), ASIC announced earlier today. The MDP found that between July 2014 and April 2016, MLEA: executed orders contrary to wholesale clients' instructions to opt out of…