This post summarizes recent enforcement actions against stockbrokers. You may be able to recover your money if you suffered losses as a result of investment fraud, unregistered offerings of securities, excessive trades, unauthorized trades, bad investment advice (suitability rules), or broker misconduct. Kevin Cline, Robert Burr, Vincent Christopher & Thomas Gilleland – Source Capital Group Kevin […]
Regulators Gets Tough on Stockbrokers Selling Private Placements
[Post updated through 2021] The Financial Industry Regulatory Authority (FINRA) is cracking down on stockbrokers and their broker dealers that sell private placements. For those not familiar with the term “private placement” this is a funding round of securities that are sold before a security goes public. They are not initially traded on an exchange […]