INTL FCStone Securities Inc. (CRD #45993, Winter Park, Florida)
was censured, fined $70,000, ordered to pay $62,297.13 plus interest in restitution to customers, and required to revise its WSPs (Written Supervisory Procedures).
According to the FINRA report, allegedly INTL FCStone Securities Inc., partially executed customer limit orders in OTC (over-the-counter) securities after it traded each subject security for its own market-making account at a price that would have satisfied each client’s limit order.
FINRA's findings also stated that INTL FCStone Securities' supervisory system did not provide reasonable supervision regarding customer limit order protection.
(FINRA Case #2010021400901)
Soreide Law Group, (888) 760-6552, based in Fort Lauderdale, Florida, obtained this summary of information from FINRA’s website, listed under “Disciplinary and Other FINRA Actions, July, 2014.” Call for a free consultation with an attorney if you feel your losses are due to your stock broker or financial advisor's recommendations. We represent clients nationwide before FINRA.
Investors potentially experienced sales practice violations by securities broker Matthew R. Carbray [CRD: 4565811, Northampton, Massachusetts], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Carbray has worked for Kestra Investment Services LLC since July 21, 2006, and Kestra Advisory Services LLC since April 19, 2016. Continue reading to learn more about Carbray’s […]
Investors apparently complained about securities broker Juan Pablo Benavides [CRD: 4288007, Miami, Florida], given the public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Benavides has worked for Merrill Lynch as a securities broker since November 22, 2000, and as a financial advisor since March 15, 2004. See below to find out more about […]
Investors potentially incurred losses because of securities broker Sandy Meyer Leff [CRD: 1796695, Atlanta, Georgia], according to information disclosed through Financial Industry Regulatory Authority (FINRA) BrokerCheck. Leff has worked for Carter Terry Company Inc. as a securities broker since October 6, 2016, and as a financial advisor since October 21, 2016. Keep reading to discover […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com