Commonwealth Financial Network (CRD#: 8032) is a registered broker-dealer based in Waltham, Massachusetts. The company is licensed to operate in 53 U.S. states and territories.[…]
Brokerage Firm Investigations
The Financial Industry Regulatory Authority (FINRA) regulates over 3,700 brokerage firms, in addition to over 600k individual registered representatives. In 2017 alone FINRA expelled 21 firms from the financial services industry and suspended another 29.
As securities fraud attorneys we represent investors who have suffered significant losses because of malpractice, negligence, or even fraud on the part of their brokerage firm or investment advisor. We invite you to explore the articles below to get a sense of the regulatory history of many of the brokerage firms that are regulated by FINRA. If you see your brokerage firm’s name in the articles below, it’s worth reading about their regulatory history.
If you’ve suffered significant investment losses, click here to understand why it’s critical that you speak with an attorney about your options. When you’re ready, contact our firm for a free, no obligation review of your case.
LPL Financial (CRD#: 6413) is a large brokerage firm headquartered in Boston, Massachusetts. As of November of 2018, LPL Financial is licensed to operate in[…]
At Sonn Law Group, our securities fraud lawyers are currently investigating claims that Sheaff Brock Investment Advisors, LLC (CRD# 118739 / SEC# 801-60978) implemented unsuitable[…]
GPB Capital Holdings (CRD#: 169825/ SEC#: 801-79413) is an alternative asset management company based in New York, New York. As described on their website, GPB[…]
Future Income Payments LLC (also known as FIP LLC) is a financial services company that was previously in Irvine, California. In 2015, FIP LLC relocated[…]
It has been reported that a former TD Ameritrade broker named Ralph Wood, Jr., acted as an unregistered advisor to numerous customer accounts in the[…]
Richard Belott (CRD# 4725262) is the owner of a financial services company called Financial Planning Advisors. This investment company is a New Jersey-based firm. On[…]
On June 19th, 2018, the SEC announced that investment fraud charges have been filed against five men and three companies, including the following: Perry Santillo;[…]
On June 6th, 2018, InvestmentNews.com reported that state securities industry regulators and the Financial Industry Regulatory Authority (FINRA) are ramping up enforcement action against registered[…]
LPL Financial is one of the largest financial services companies in the United States. The broker-dealer reports that it has more than $500 billion in[…]