Explaining the term “rescission” with an example of rescission offers with a non-traded REIT. ... Watch Video What is unauthorized trading? Unauthorized Trading, Broker Fraud and Investment Loss Watch Video Where will a FINRA securities arbitration take place?

Risky Investments: Investing a conservative senior's funds in risky investments, such as private placements, nontraded real estate investment trusts (nontraded REITs), exchange-traded funds (ETFs), business development companies (BDCs), structured products, oil and gas investments, collateralized loan obligations (CLOs), or collateralized ...

There was also the 2011 rogue trader scandal that resulted in a more than $2B loss from unauthorized trading. ... Some Other Recent Major Regulatory & Investigative Claims Involving UBS July 2021 : Paying over $8M, UBS Financial Services settled ...

August 2017: FINRA fined the brokerage firm $100K for allegedly failing to supervise the sale of inverse and leveraged exchange-traded funds. ... The FINRA arbitration claims allege unsuitability, unauthorized trading, breach of fiduciary duty, negligence, and broker fraud.

This entails tactics such as unauthorized trading, misrepresentation, pressuring sales tactics, and more. ... Churning: This occurs when a broker participates in excessive trading to generate excess commissions rather than investing in the client's best interests. ... Unauthorized trading claims: ...

Each lawyer and staff member of our firm is devoted to assisting investors to recover losses caused by unsuitability, over-concentration, fraud, misrepresentation, self-dealing, unauthorized trades or other wrongful acts, whether intentional or negligent. ... Kalos and Stivers recommended that a ...

Yet securities fraud and investment advisor fraud happen all the time and may include: Misrepresentations and omissions Unsuitable investment recommendations and sales Overconcentration Excessive trading in a customer’s account, also known as churning Unauthorized trading Failure to execute trades Registration ...

This means only employing a trading strategy or making investment recommendations that fully align with the investor’s goals, portfolio, and risk tolerance level. Unauthorized trading , misappropriation, misrepresentations and omissions , churning , overconcentration , breach of contract , selling ...

Instead, they are represented as stable or a good way to diversify as they do not typically change their value since they are not traded on any exchange. ... You may be able to recover your savings if any of ...

Churning which involves making too many trades in an account so that the broker can keep earning commissions. Engaging in trades or buying investments without the customer’s knowledge or approval. This is a practice known as unauthorized trading . ... ...