Lang Nguyen Discloses Allegations Of Discretionary Trading

Soreide Law Group is investigating possible investor claims against Lang Nguyen (also known as Lang Phu Nguyen) (CRD: 6526189, Campton Hills, IL). Evidently, FINRA sanctioned the securities broker, who worked for Edward Jones. Allegedly, Nguyen engaged in discretionary trading. Here is a brief summary of FINRA’s allegations against Nguyen. However, keep in mind that Nguyen denies the allegations.

FINRA Sanctions Nguyen For Discretionary Trading

Particularly, FINRA issued Case: 2019061128401 on March 2, 2021 sanctioning Lang Nguyen for infractions. Allegedly, Nguyen engaged in discretionary trading in Edward Jones client accounts. Supposedly, clients only provided verbal—not written—authorization for his trading. None of those accounts were supposedly approved by Edward Jones for discretionary trading purposes either. Therefore, Nguyen received a 45-day suspension and a fine of $5,000.

Lang Nguyen Discharged For Violation Of Policy

Also, on December 14, 2018, Edward Jones disaffiliated with Nguyen. Notably, Edward Jones alleged that Nguyen failed to comply with the securities broker dealer’s policies.

Nguyen Employment Information

• Nguyen worked for Cetera Advisors LLC in Algonquin, IL, as a securities broker from February 2019 to April 2019.
• Nguyen worked for Edward Jones in Campton Hills, IL, as a securities broker from August 2015 to January 2019.

Did Edward Jones Securities Broker Lang Nguyen Cause You To Experience Damages?

Have you experienced damages by investing with Lang Nguyen? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered funds for many investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Nguyen and brokerage firms Nguyen worked for deny any and all allegations of sales practice violations.