News Report 11/13/17

Leon Rehak, a financial consultant with LPL Financial in Pompano Beach, Florida, and previously with Raymond James & Associates, has had customer complaints including allegations of excessive trading, churning, unauthorized trading breach of fiduciary duty, and other allegations and claims. See FINRA brokercheck. If you are an investor who suffered losses with Rehak, LPL Financial, […]

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News Report 10/30/17

The New Jersey Bureau of Securities has fined LPL Financial almost $1 million for unsuitable REIT and BDC sales. According to InvestmentNews, LPL Financial allegedly let its brokers sell excessive amounts of alternative investments and failed to supervise its brokers concerning suitability requirements tied to the sale of illiquid alternative investments. New Jersey fined LPL

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News Report 10/20/17 reported on 10/20/17 that Massachusetts securities regulators charged a Waltham, Mass. based investment advisor and his firm with allegations of fraudulent and dishonest conduct as well as breaches of fiduciary duty. The underlying issues related to the firm, Moser Capital Management and its raising capital in Moser Capital Fund, LLC and in Moser Capital

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News Report 10/16/17

A recent report has detailed rampant elder financial abuse in the United States. Two nonprofit public interest groups, the Frontier Group and the U.S. PIRG Education Fund, analyzed more than 72,000 complaints filed with the Consumer Financial Protection Bureau (CFPB) and discovered that the CFPB has logged more than 72,000 elder abuse complaints since its

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News Report 8/18/17

CNBC reported on 8/16/17 that while D.C. deregulates, the states are stepping in as Wall Street watchdogs. For example, the Massachusetts state securities regulator announced a recent investigation into how top U.S. brokerage firms handle customer buy and sell orders and whether customers are getting the best prices for their trades. On 8/17/17 had

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