New York City Broker Melanie S. Sweet Under Investigation After FINRA Suspension

Silver Law Group is investigating New York City-based broker Melanie S. Sweet (CRD# 2620987) after FINRA suspended her from acting as a broker in December 2016.

Sweet is employed by Hamershlag Sulzberger Borg Capital Markets, Inc. (CRD#:103460)

According to Sweet’s FINRA BrokerCheck report, FINRA suspended Sweet after she failed to respond to a FINRA request for information.

A FINRA inquiry is sent to a broker or brokerage firm when FINRA is requesting (1) a new disclosure; (2) an update of the status for a previously reported disclosure event; or (3) documentation regarding a disclosure event or potential disclosure event.

The letter does not trigger a firm or broker’s reporting obligation but instead serves as a reminder that a required Form U4 Amendment, or supplemental information, must be filed or provided to FINRA staff.

Sweet currently has one customer dispute pending, filed in April 2012, that alleges misrepresentation of material facts, insider trading and fraud.

Hamershlag has employed Sweet since November 2012 in its New York City, New York branch.  For part of the time Sweet was registered with Hamerschlag, she was also registered with Southlake Capital, L.L.C. (CRD# 38373) from July 2013 to September 2014, according to her FINRA BrokerCheck report, in Southlake Capital’s Southlake, Texas branch.

Contact Our Firm if You’ve Lost Money

FINRA arbitration is a fast, efficient way to recover your lost investment funds.  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 Melanie M. Sweet and Hamershlag Sulzberger Borg Capital Markets and/or Southlake Capital 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.