Unauthorized Trading: When Your Broker Trades Without Permission Table of Contents Toggle Unauthorized Trading: When Your Broker Trades Without Permission What Is Unauthorized Trading? The Scope of the Problem FINRA Rules Requiring Authorization FINRA Rule 3260: Discretionary Accounts FINRA Rule 2010: Standards of Commercial Honor FINRA Rule 2111: Suitability Unauthorized Trading vs. Unsolicited Trades What […]

Churning: How Excessive Trading Destroys Portfolios Table of Contents Toggle Churning: How Excessive Trading Destroys Portfolios What Is Churning? Churning vs. Active Trading: What’s the Difference? The Three Legal Elements of Churning 1. Excessive Trading (High Turnover) 2. Excessive Commissions Relative to Account Size 3. Broker Control Over the Account Common Churning Patterns to Watch

Unsuitable Investment Advice: Did Your Broker Cross Line? Table of Contents Toggle Unsuitable Investment Advice: Did Your Broker Cross Line? What Does “Unsuitable” Mean? 1. Reasonable-Basis Suitability 2. Customer-Specific Suitability 3. Quantitative Suitability The Regulation Best Interest (Reg BI) Standard The Most Common Unsuitable Recommendations Non-Traded REITs Sold to Retirees Private Placements and Reg D

How to File a FINRA Complaint: Steps and Deadlines Key Takeaway: Filing a FINRA complaint is different from filing a FINRA arbitration claim. A complaint triggers an investigation; an arbitration claim seeks financial recovery. You can do both simultaneously. The key is acting quickly — FINRA has strict 6-year eligibility rules, and state statutes of

FINRA Arbitration Step by Step: Filing to Award Key Takeaway: FINRA arbitration is the primary way investors recover losses from broker misconduct. The process takes 12–16 months, costs less than litigation, and most cases settle before a hearing. You don’t need to travel — hearings are held near where you live. Most investment fraud lawyers