Las Vegas Broker Frank R. Underhill Under Jr Investigation After FINRA Permanently Bars Him

Silver Law Group is investigating former Las Vegas, Nevada broker Frank R. Underhill Jr. (CRD# 4970331) after FINRA permanently barred him.

According to Underhill’s FINRA BrokerCheck report, Underhill who owned and operated his own brokerage firm, Underhill Securities Corp. (CRD# 148001), FINRA permanently barred Underhill from acting as a broker or otherwise associating with firms that sell securities to the public.

Underhill failed to respond to a FINRA request for information, according to his BrokerCheck report, which was the cause of his permanent bar.

FINRA sometimes makes requests for information when is investigating a matter or checking up on the status of a broker or brokerage firm’s compliance with a FINRA directive.  FINRA’s authority to make requests of its brokers and brokerage firms comes from FINRA Rule 8210.  If a broker fails to comply with the request, frequently the broker is permanently barred such as in the case of Underhill.

Underhill has owned and operated Underhill Securities Corp. since January 2009 in Las Vegas Nevada.

FINRA arbitration is a fast, efficient way to recover your lost investment funds due to broker or brokerage firm misconduct.  We work on a contingency fee basis, meaning you pay us nothing unless we win and recover money for you.

If you have invested with Frank R. Underhill Jr. and Underhill Securities Corp. and have lost money doing so, you may be able to recover some or all of your losses.  Our lawyers are experienced in recovering investor losses due to broker and brokerage firm misconduct through FINRA arbitration.

Silver Law Group represents the interests of investors who have been the victims of investment fraud.  If you have questions about your legal rights, please contact Scott Silver of the Silver Law Group for a free consultation at ssilver@silverlaw.com or toll free at (800) 975-4345.