Soreide Law Group (888-760-6552) obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions January 2017.” Dougherty & Company LLC (CRD #7477, Minneapolis, Minnesota) was censured, fined $140,000 and required to pay $78,910 in restitution to an elderly client for allegedly, more than four years, not adequately supervising a representative who initiated […]

Infinex Investments, Inc. (CRD #35371, Meriden, Connecticut) was censured, fined $75,000 by FINRA, and ordered to pay $287,171.75 in restitution to it's clients. Infinex Investments, Inc., allegedly failed to review non-traditional exchange-traded funds (ETFs) at the same level that other new products offered for sale to their customers. FINRA's findings stated that Infinex Investments registered […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, February 2012.”   Mercantil Commercebank Investments Services (CRD #117284, Coral Gables, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured, fined $20,000 and required to report to TRACE the transactions that were not previously reported.   Without admitting […]