Blog
August 19, 2024
On June 4, 2024, Crown Capital Securities, L.P., a brokerage firm based in Orange, California, faced significant regulatory action from the Financial Industry Regulatory Authority (FINRA). A Letter of Acceptance, Waiver, and Consent (AWC) was issued, resulting in the firm being censured, fined $50,000, and ordered to pay $116,390.58 in restitution to its customers. This […]
August 16, 2024
Navigating the world of investments can be complex. It’s a realm where trust in financial professionals is paramount. Yet, not all stockbrokers uphold their fiduciary duty. Misconduct in this field can lead to significant financial losses for investors. This article delves into the topic of stockbroker misconduct claims. It aims to shed light on what […]
August 15, 2024
The Financial Industry Regulatory Authority (FINRA) announced the suspension of Ronald Gene Chronister, a registered representative with LPL Financial, for unauthorized trading in a deceased client’s account. This case highlights the critical role of compliance attorneys and underscores the importance of securities compliance at Bakhtiari & Harrison. The Incident According to FINRA’s order, Chronister’s client […]
August 12, 2024
Understanding the Financial Industry Regulatory Authority (FINRA) sanctions guidelines is crucial as a stockbroker. These guidelines help ensure fair and transparent markets while protecting investors. This blog summarizes the essential aspects of the FINRA Sanctions Guidelines, focusing on what stockbrokers need to know to navigate and comply with these regulations. What is FINRA? FINRA is […]
Investing in the stock market offers great potential, but it also comes with risks. Unfortunately, some financial advisors and brokers engage in unethical practices, causing significant losses. At Bakhtiari & Harrison, our California investment fraud attorneys specialize in securities litigation and FINRA arbitration to help you recover your losses. In essence, we hold Wall Street […]