AG Platkin and the Division of Consumer Affairs today announced that the Bureau of Securities has joined a $17 million nationwide multistate settlement with Edward D. Jones & Co., L.P. (Edward Jones) resulting from a probe into the broker-dealer’s supervision of financial professionals moving customers’ commission-based brokerage accounts to fee-based investment advisory accounts. “My office will continue to protect individual investors by ensuring that firms comply with our securities laws. New Jersey investors deserve the fullest protections under the law, including reasonable supervision over their investment accounts. Firms that fail to provide that will be held accountable.”- AG Platkin 
https://www.njoag.gov/attorney-general-platkin-announces-nationwide-edward-jones-settlement/