WASHINGTON — The Financial Industry Regulatory Authority has fined three firms a total of $62,500 for municipal and other rule violations, including $32,500 from Lexington Investment Co. for failing to accurately report muni and corporate securities transactions.

In monthly disciplinary actions it released yesterday, the self-regulator said it also fined AXA Advisors Inc. $20,000 for inaccurate or incomplete trade confirmations it sent to customers for municipal and corporate securities, as well as fining Kimelman & Baird LLC $10,000 for unfair and unreasonable commissions on municipal securities transactions.

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