The Financial Industry Regulatory Authority fined Oppenheimer and Co., Inc. $1,425,000 For the sale of unregistered penny stock shares and for failing to have an adequate anti-money laundering (AML) compliance program to detect and report suspicious penny stock transactions. For more info visit https://www.finra.org/media-center/news-releases/2013/finra-fines-oppenheimer-co-inc-14-million-sale-unregistered-penny