"These failures involved personnel at multiple levels of authority, including supervisors and senior managers," it said. Four companies, Ameriprise Financial Services, Edward D. Jones & Co., LPL Financial and Raymond James & Associates, have each agreed to pay a $50 million penalty. Among the other companies fined is a unit of the Royal Bank of Canada (RBC), which will have to pay $45 million, and Bank of New York Mellon Corporation, which will pay $40 million. Parts of Toronto-Dominion Bank (TD Bank) and Truist Financial have also been sanctioned.