The Financial Industry Regulatory Authority fined Oppenheimer & Co. Inc. $2.5 Million and ordered the firm to pay restitution of $1.25 million for failing to supervise a former Oppenheimer broker who stole money from his customers and excessively traded their brokerage accounts. For more info visit https://www.finra.org/media-center/news-releases/2015/finra-sanctions-oppenheimer-co-375-million-supervisory-failures