Feltl & Co., based in Minneapolis, paid a $1 million fine for alleged supervisory failures, among other things, while overseeing penny stock, and it has now replaced several executives, including it's general counsel, chief compliance officer, head trader, and a branch manager. FINRA reported that Feltl also failed to comply with customer-suitability, disclosure, and record-keeping […]

This summation of information was found on FINRA’s website under “Disciplinary and Other FINRA Actions, June, 2014.” Soreide Law Group (888) 760-6552. World Trade Financial Corporation (CRD #42638, San Diego, California), Jason Troy Adams (CRD #2137404, La Mesa, California), Frank Edward Brickell (CRD #3257725, Encinitas, California) and Rodney Preston Michel (CRD #1275392, San Diego, California). […]