A National Securities Arbitration & Investment Fraud Law Firm
On November, 2016, FINRA announced fines against five (5) Cetera Financial Group brokerage firm subsidiaries in an amount of $2.95 million for supervisory failures related to variable annuity L-shares.
FINRA fined the following Cetera Financial Group-related firms:
Mark Joy Lane, a former broker for Cetera Advisor Networks LLC and Walnut Street Securities, Inc., was permanently barred by FINRA from association with any FINRA member in any capacity. Lane worked at Walnut from February 2004 to September 2013 and at Cetera from September 2013 to August 2014.
Silver Law Group represents investors in securities and investment fraud cases. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Securities Arbitration Lawyers Blog