Miami Firm Fined over $1 Million for Excessive Markups and Markdowns
The Financial Industry Regulatory Authority (FINRA) has fined StateTrust Investments Inc., Miami, FL, over $1 million and firm’s broker, Jose [...]
Orlando Broker/Dealer Suspended by FINRA for Failure to Supervise
This information was obtained on FINRA’s website under “Disciplinary and Other FINRA Actions, June, 2013.” Michael Antonio Zurita (CRD #1659844, [...]
FINRA Suspends Tampa Rep
The following information appeared on FINRA’s website under “Disciplinary and Other FINRA Actions, May, 2013.” Ronald Wayne Lankford (CRD #1751588, [...]
vFinance of Boca Raton Sanctioned by FINRA
The following information appeared on FINRA’s website under “Disciplinary and Other FINRA Actions, May, 2013.” vFinance Investments, Inc. (CRD #44962, [...]
Bond Investors Get Warning From FINRA on Duration if Rates Should Rise
Finra warned investors that if the interest rates rise - as most pros expect - bond investors could be slammed [...]
Did You Invest with Former LPL Broker, Alberto Neira?
Securities Lawyer, Lars Soreide of Soreide Law Group, PLLC, recently announced that he is investigating claims against Linsco Private Ledger [...]
FINRA Fines Broker $1.8mill in Sale of ETFs
Nicholas Rowe and his firm, Focus Capital Wealth Management, Inc. of Bedford, New Hampshire, were found liable in a case [...]
Lars Soreide, Florida Attorney, Helps Alleged Rip-Off Victims of Broker Jesse Litvak
Recently, a New York City man working as a broker/dealer in Stamford, Connecticut, has been charged with securities fraud, according [...]
DID YOU PURCHASE THESE REITS?
Last week LPL Financial Holdings agreed to pay $2.5 million in fines and restitution for improperly supervising brokers who sold [...]
LPL REIT INVESTORS WARNING!!!!
In an article in the Wall Street Journal, Feb. 11, 2013, Matthew Heimer writes that ever since the Federal Reserve [...]
FINRA Filings from Conservative Investors Who Were Sold Complex Products is on the Rise
Financial regulators are confronting investor frauds that are giving retirement savers steep losses on complex products that until a few [...]
Crystallex International Corporation (“CRYXF”)
Crystallex has commenced a proceeding under chapter 15 of the United States Bankruptcy Code in the United States Bankruptcy Court [...]
FBI, SEC and FINRA Investigating Tommy Belesis’ Firm, John Thomas Financial
In an article, Feb. 7, 2013, in the New York Post, it was reported that (broker-dealer owner), Anastasios “Tommy” Belesis' [...]
LPL Financial Ordered to Pay $2 mill Over Sales of Non-Traded REITs
On Feb. 6th., 2013, LPL Financial, LLC, was ordered by Massachusetts Security Division to pay restitution of more than $2 [...]
FINRA Backtracks on Plan to End 5% Markup Rule. Investors Check Your Order Tickets.
In a FINRA NTM 13-07 posted last Thursday on its website, FINRA asked for comment on an updated proposal that [...]
ATTENTION UBS BOND INVESTORS
Those investors who believed they had constructed a “conservative” portfolio by being heavily invested in bonds could be reclassified as [...]
What You Should Consider Before Investing in Tenant-In-Common (TIC) Investments
There are many real estate investors attracted to Tenant-In-Common (TICs) for the purported tax savings through the like kind exchange [...]
Tenant-in-Common (TIC)
Tenant in Common (TIC) investments, or 1031 exchanges, are a form of real estate ownership in which multiple investors own [...]
Does Your Stock Broker Owe You Money?
With the stock market crash of 2008-2009 there has been an onslaught of investors filing lawsuits against their stock brokers [...]
Reverse Convertibles Investors Linked to Apple Common Stock–Got Burned
Reverse convertibles, are often called "trigger notes," "phoenixes," or "auto-callables." These structured products promised high yields of 6% to 12% [...]