{"id":19665,"date":"2021-04-06T11:02:35","date_gmt":"2021-04-06T16:02:35","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=19665"},"modified":"2021-04-06T11:02:35","modified_gmt":"2021-04-06T16:02:35","slug":"ljm-preservation-growth-fund-losses","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-growth-fund-losses\/","title":{"rendered":"Cambridge Investment Services, Securities America, and JW Cole Financial Fined Over LJM Preservation &#038; Growth Fund Recommendations"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Broker-Dealers Collectively Will Pay $550K Fine and Over $3.3M in Restitution\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Financial Industry Regulatory Authority (FINRA) has fined and censured three brokerage firms after finding that they failed to supervise recommendations of the LJM Preservation and Growth Fund (LJMIX, LJMCX, LJMAX) and did not conduct the proper due diligence into the alternative mutual fund:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cambridge Investment Services will pay a $400K fine plus more than $3M in restitution\u00a0<\/span><\/li>\n<\/ul>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-growth-fund-losses\/\"  title=\"Continue Reading Cambridge Investment Services, Securities America, and JW Cole Financial Fined Over LJM Preservation &#038; Growth Fund Recommendations\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Broker-Dealers Collectively Will Pay $550K Fine and Over $3.3M in Restitution\u00a0 The Financial Industry Regulatory Authority (FINRA) has fined and censured three brokerage firms after finding that they failed to supervise recommendations of the LJM Preservation and Growth Fund (LJMIX, LJMCX, LJMAX) and did not conduct the proper due diligence into the alternative mutual fund: [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":19666,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4043],"tags":[4436,3004],"class_list":["post-19665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alternative-investments","tag-alternative-investment-fraud","tag-ljm-preservation-and-growth-fund"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Broker-Dealers Fined Over LJM Preservation &amp; Growth Fund Losses | Securities Fraud Lawyers<\/title>\n<meta name=\"description\" content=\"Various brokerage firms have been fined by FINRA for selling the LJM Preservation &amp; Growth Fund to investors. Find out more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-growth-fund-losses\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Broker-Dealers Fined Over LJM Preservation &amp; Growth Fund Losses | Securities Fraud Lawyers\" \/>\n<meta name=\"twitter:description\" content=\"Various brokerage firms have been fined by FINRA for selling the LJM Preservation &amp; Growth Fund to investors. 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Find out more.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/04\/pexels-pixabay-261621-1-1.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-growth-fund-losses\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-growth-fund-losses\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Cambridge Investment Services, Securities America, and JW Cole Financial Fined Over LJM Preservation &#038; Growth Fund Recommendations","datePublished":"2021-04-06T16:02:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-growth-fund-losses\/"},"wordCount":603,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-growth-fund-losses\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/04\/pexels-pixabay-261621-1-1.jpg","keywords":["Alternative Investment Fraud","LJM Preservation and Growth Fund"],"articleSection":["Alternative Investments"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-growth-fund-losses\/","url":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-growth-fund-losses\/","name":"Broker-Dealers Fined Over LJM Preservation & Growth Fund Losses | Securities Fraud Lawyers","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-growth-fund-losses\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ljm-preservation-growth-fund-losses\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/04\/pexels-pixabay-261621-1-1.jpg","datePublished":"2021-04-06T16:02:35+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Various brokerage firms have been fined by FINRA for selling the LJM Preservation & Growth Fund to investors. 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