Case summary
On September 23, 2025, the Washington State Department of Financial Institutions Division of Securities entered a Consent Order (S-24-3766-25-CO01) against TD Ameritrade, Inc..
Order details
Order File: S-24-3766-25-CO01
Laws & Rules: RCW 21.20.110, WAC 460-20C-150, WAC 460-20C-150
Penalties/Remedies:
- Fine: $15,000
- Investigative costs: $35,000
- Restitution: $16,911.20
Findings
TD Ameritrade, Inc. charged commissions in excess of 5% on certain small principal equity transactions.