These fines were related to the broker-dealer’s sale of Puerto Rico municipal bonds to customers and its lack of proper supervision over these transactions. ... Some Other Recent Major Regulatory & Investigative Claims Involving UBS July 2021 : Paying over ...

II FS Energy and Power Fund GPB Capital Holdings Private Placement Funds Northstar Healthcare Income Real Estate Investment Trust (REIT) UWT or VelocityShares 3x Long Crude Oil ETN Vida Longevity Fund, LP Northstar Financial Services (Bermuda) Although market volatility can ...

These offices are usually self-supervised with no onsite compliance personal. ... New Jersey goes on to say that during the years 2010 and 2015 Ameriprise neglected to reasonably supervise the purchases of AIS in the state. ... SEC Admonished Broker-Dealer ...

To determine if you o determine if you have grounds for financial recovery we will look at a couple different things including various forms of broker negligence fraud unsuitable investment recommendations failure to supervise and breach a fiduciary duty.

This is called failure to execute . ... Failure to Supervise Brokerage firms have a duty to oversee not just their registered representatives but also supervise what these employees are doing in their customers' accounts.

This type of setup can make it challenging for LPL Financial to properly supervise all of its registered representatives. ... LPL Financial Named in 181 Regulatory Events as of Early December 2021, Reports FINRA Here are examples of a few ...

You also need a legal team that understands how to prove the particular claims you are making, whether it be unsuitability , churning , misrepresentations and omissions , breach of fiduciary duty , failure to supervise , or another allegation.

You may be able to recover your savings if any of the following occurred: Failure to take the necessary steps to safeguard your investments during COVID-19 Breach of contract Selling away Misrepresentations and omissions Poor investment advice Failure to recommend ...

When a failure to supervise allows fraud or negligence to occur, an investor may be able to recover damages from the brokerage firm of record.

Examples of Broker Misconduct Below are some of the examples of broker misconduct that an investor may experience: Making unsuitable investment recommendations; Making misrepresentations or omissions when marketing an investment product or strategy to a customer; Overconcentrating an investor’s account ...