A National Securities Arbitration & Investment Fraud Law Firm
The SEC alleges that Christopher Brogdon fraudulently raised $190 million from investors in 54 conduit municipal bond and private placement offerings, through entities associated with Brogdon. These entities potentially include the following offerings: Bleckley-Cochran Development Authority First Mortgage Healthcare Facility Revenue Bonds 2013ABC/Bleckley-Bryant Crisp-Dooly JT Development Authority First Mortgage Healthcare…
On January 5, 2016, the Financial Industry Regulatory Authority (FINRA) released its 2016 Regulatory Examination Priorities letter highlighting three broad issues affecting investors and their rights: culture, conflicts of interest and ethics; supervision, risk management and controls; and liquidity. The letter also emphasizes sales practice, financial and operational controls, market…
According to FINRA Disciplinary actions for December 2015, the following individuals were suspended from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules: NAME FORMER EMPLOYERS Adam Douglas…
According to FINRA Disciplinary actions for December 2015, the following individuals were revoked from FINRA for failing to pay fines and/or costs pursuant to FINRA rules: NAME FORMER EMPLOYERS Richard Dwayne Blair Wealth Solutions, Inc. IMS Securities, Inc. Eul Hyung Choi SH Investment & Securities…
According to FINRA Disciplinary actions for December 2015, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules: NAME FORMER EMPLOYERS David Michael…
Learn what to look for to avoid being swindled by a Ponzi scheme in South Florida A Ponzi scheme is a type of investment fraud that is directed by a single individual who creates an entire scheme that hinges on new investment funding being used to pay existing investors. As…
Deceptive boiler room tactics lead to trade suspension, resignation of CEO The SEC suspended trading for the Oxford City Football Club amid allegations of fraud and conspiracy to commit fraud by their CEO, Thomas Guerriero. The SEC contends that Guerriero used pressure tactics and led thousands of inexperienced investors to…
Broker Thomas Hindes, formerly of LPL Financial, was permanently barred by FINRA for failing to respond to a request by FINRA for information during the course of an investigation. Hindes also has a pending complaint while at LPL for allegedly misrepresenting a variable annuity. Hindes was registered at LPL Financial…
How can one person take advantage of so many? And is it possible to identify one before you hand over your money? You hear about Ponzi schemes on the news and wonder how so many people could fall for such and old trick. But behind each Ponzi scheme is always…
Scott Silver speaks to Investment News about the need to monitor a high-pressure industry practice that leaves some financially vulnerable The practice of cross-selling on Wall Street is under growing scrutiny, especially in the banking and investment world. Cross-selling is suggesting or selling multiple, related products or services from the…