BNY's Pershing Hit With $1.4M FINRA Recordkeeping Fine <https://www.law360.com/compliance/articles/1864195?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-08-02&read_main=1&nlsidx=0&nlaidx=9> By Emilie Ruscoe Bank of New York Mellon subsidiary Pershing will pay the Financial Industry Regulatory Authority a $1.4 million fine to resolve claims that it misstated interest rates for variable rate securities on millions of account statements for more than 12 years. Letter attached | Read full article » <https://www.law360.com/compliance/articles/1864195?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-08-02&read_more=1&nlsidx=0&nlaidx=9> | Save to favorites » <https://www.law360.com/compliance/articles/1864195?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-08-02&read_later=1&nlsidx=0&nlaidx=9>