Soreide Law Group is investigating potential investor claims of sales practice violations possibly committed by securities broker William Edward Hutchingson [CRD: 2131647, Bayside, New York], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Hutchingson worked for Cetera Investment Services LLC from December 1, 2017, and for Cetera Investment Advisers LLC since April 12, 2021. He was associated with Essex National Securities LLC before then. Keep reading to learn more about Hutchingson’s disclosures and the implications for investors.
Essex National Securities LLC investor accused William Hutchingson of unsuitable investment recommendations. Specifically, on November 27, 2023, a client filed FINRA Arbitration No. 23-03367 about William Hutchingson. Supposedly, Hutchingson recommended investments that were not aligned with her risk tolerance and investment objectives. Because of this, the client allegedly sustained damages on direct investments and real estate securities. Therefore, the client requested $100,000 in compensation from Essex National Securities LLC or Hutchingson. Evidently, this arbitration is pending a resolution.
Particularly, a client of Essex National Securities LLC contested Hutchingson's sales practices by filing FINRA Arbitration No. 23-02434 on September 6, 2023. Allegedly, Hutchingson made unsuitable recommendations of real estate securities. Because of this, the client seeks compensatory relief from Essex National Securities LLC or Hutchingson in this ongoing matter.
Have you sustained losses because of William Hutchingson? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors across the country, works on a contingency fee basis, and advances all costs. Hutchingson and brokerage firms he worked for deny any allegations of sales practice violations.
Moors & Cabot, Inc. (CRD 594) is a brokerage firm based in Boston, Massachusetts. FINRA censured and fined the firm $125,000 after finding it failed to develop and implement an anti-money laundering compliance program reasonably expected to detect and report suspicious transactions, according to an AWC issued August 24, 2026.
Cowen and Company, LLC (CRD 7616), now part of TD Securities (USA) LLC, is a brokerage firm based in New York, New York. FINRA censured and fined the firm a total of $80,000, of which $40,000 is payable to FINRA, according to an AWC issued August 19, 2026.
Webull Financial LLC (CRD 289063) is a brokerage firm based in New York, New York. FINRA censured and fined the firm $115,000 after finding it maintained inaccurate books and records of options order origin codes, according to an AWC issued August 17, 2026.
Phone:
Fax: 1-954-760-6553
Email: [email protected]