Articles Posted in LJM Preservation & Growth Fund

FINRA Said Triad Brokers Unsuitably Recommended LJM Preservation and Growth Fund

In December 2021, the Financial Industry Regulatory Authority (FINRA) censured and fined Triad Advisors $195K for allegedly failing to supervise its registered representatives that unsuitably recommended the LJM Preservation and Growth Fund (LJM) to customers. 

The self-regulatory organization (SRO) contends that the broker-dealer allowed the sales to go through without first conducting the proper due diligence into the LJM Fund – especially while not having enough understanding about the Fund’s features and the risks involved.