Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, June 2018.”  Soreide Law Group has handled past cases against Park Avenue Securites. Park Avenue Securities LLC (CRD #46173, New York, New York) was censured, fined $300,000 and required to submit a written certification to FINRA that it has […]

Soreide Law Group obtained the following information from FINRA’s January 2017 disciplinary report.  Soreide Law Group also has pending litigation against Park Avenue Securities, also due to alleged lack of supervision. Park Avenue Securities LLC (CRD #46173, New York, New York) was censured and fined $195,000 by FINRA for allegedly failing to enforce its Written Supervisory […]

Soreide Law Group, based in South Florida, obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, November 2016.” The following three South Florida companies: Double Eagle Securities of America of Tamarac, VFinance Investments of Boca Raton, and TradeSpot Markets of Davie were listed in the report. Double Eagle Securities of America, […]

The following summation of information was obtained by Soreide Law Group (888-760-6552) from FINRA's Website under "Disciplinary and Other Actions April 2015." EDI Financial, Inc. (CRD #15699, Irving, Texas) was censured and fined $100,000 by FINRA for allegedly failing to adopt and implement supervisory systems and procedures reasonably designed to achieve compliance with EDI Financial’s […]

National Securities Corporation (CRD #7569, Seattle, Washington) was censured and fined $35,000 for allegedly filing late amendments to Forms U4 and Uniform Termination Notices for Securities Industry Registration (Forms U5), and reclassified customer complaints as sales practice violations, after discussions with FINRA, which resulted in additional late filings. FINRA's findings stated that National Securities Corporation […]

Turner & Company, L.L.C. (CRD #43177, Atlanta, Georgia) was censured and fined $65,000 by FINRA for allegedly failing to establish, maintain, and enforce Written Supervisory Procedures (also known as WSPs) designed to comply with securities laws and regulations. These laws include prohibiting insider trading and NASD Rule 3050, which requires brokers to have duplicate copies […]