"[FINRA] has ordered five firms to pay restitution estimated at more than $18 million, including interest, to affected customers for failing to waive mutual fund sales charges for eligible charitable organizations and retirement accounts. The following firms were sanctioned. Edward D. Jones & Co., L.P. -- $13.5 million ... Stifel Nicolaus & Company, Inc. -- $2.9 million ... Janney Montgomery Scott, LLC -- $1.2 million ... AXA Advisors, LLC -- $600,000 ... Stephens Inc. -- $150,000 ... Collectively, an estimated $55 million in restitution will be paid to more than 75,000 eligible retirement accounts and charitable organizations as a result of [cases announced in July] and the cases announced [October 27]."  MORE >>