These fines were related to the broker-dealer’s sale of Puerto Rico municipal bonds to customers and its lack of proper supervision over these transactions. ... Some Other Recent Major Regulatory & Investigative Claims Involving UBS July 2021 : Paying over ...

December 2014: Supervisory Failures and Working With Unregistered Persons FINRA found that foreign individuals associated with Monex's parent company earned transaction-related compensation for referring non-US customers to set up accounts at the firm and transmitting orders for those accounts. ... ...

When a failure to supervise allows fraud or negligence to occur, an investor may be able to recover damages from the brokerage firm of record.

Failure to Conduct Due Diligence: Our investment loss attorneys at SSEK Law Firm once had a large string of cases in which the brokerage firm told the broker that a particular product was safe and conservative. ... The broker's failure ...

At Shepherd Smith Edwards and Kantas, we represent investors seeking to recoup damages related to: Financial product failures Stockbroker fraud Negligence Overconcentration Unsuitability Investment adviser misappropriation Misrepresentations and omissions Elder financial abuse Breach of fiduciary duty Failure to supervise Churning ...

Examples of Failure to Supervise There are many instances where an investor can file a failure to supervise a claim against a broker or their firm. ... In a particular example of failure to supervise, a broker churned a client's ...

This type of venture has a higher risk of failure than businesses funded via more traditional means. ... Unfortunately, failure to supervise , due diligence failures, negligence, and misconduct by brokers and their firms can cause non-traded securities investors to ...

As a matter of fact, 90% of the those who have retained our legal services have recovered all or part of their investment losses caused by one or more of the following: Misrepresentations and Omissions Negligence Unsuitability Margin account abuse ...

Arbitration Claims Against Edward Jones Include Supervisory Failures, Misappropriation, Amongst Others According to BrokerCheck, Edward Jones has been the subject of 73 regulatory events, 2 civil events, and 148 arbitration claims including: 2004 : Edward Jones paid a $75 million ...

Here are a few of them: February 2021: Failure to Supervise The Financial Industry Regulatory Authority (FINRA) imposed approximately $194K in fines and restitution over Triad Advisor’s purported failure to supervise a financial advisor who was accused of making unsuitable ...