The SEC ordered LPL to cease and desist from committing or causing any violations of Sections conduct, and ordered the payment of disgorgement and	prejudgment	interest	to	affected	investors	totaling	 $9,333,516. LPL	consented	to	sanctions	from	FINRA	regarding	the	 LPL’s	supervisory	systems	and	procedures	relating	to	 changes in the authority of custodians of accounts established under the Uniform Gifts to Minors Act and/or	the	Uniform	Transfers	to	Minors	Act,	resulting	 in	a	censure,	a	fine	of	$300,000,	and	an	undertaking	 to review and enhance its policies, systems, and procedures related to supervision of such accounts.