When a customer opened a new brokerage account with LPL, the firm would collect basic ... being placed or modified and anyone with access can modify restrictions freely with no second check ...

The firm allows clients to supervise their accounts and access account statements online. LPL Financial has main offices in San Diego, Boston and Fort Mill, South Carolina. Registered in AK ...

According to the SEC’s order, LPL would properly freeze new accounts flagged for enhanced due diligence, but did not have a timeframe in its policies and procedures for how long the hold should last.

Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker dealer, member FINRA/SIPC. LPL Financial and its affiliated companies provide financial ...