September 23, 2011 Comments (0) Blog, Securities Fraud

Securities Regulatory Information Regarding Raymond James

(Last Updated On: July 17, 2015)

The following is a brief breakdown of publicly available information regarding Raymond James and its securities sales practices and FINRA regulatory history.

Raymond James is a FINRA registered broker-dealer based in St. Petersburg, Florida. Raymond James’ website states that the firm has more than 5,400 financial advisors serving 2 million accounts in 2,400 locations throughout the United States, Canada and overseas.

Although Raymond James has a solid reputation in the securities industry, investors should know that the firm does have numerous reportable events on its FINRA Broker Report (or CRD).

According to the firm’s CRD, Raymond James has been named in at least 50 regulatory events related to possible securities fraud violations. The firm has been the subject of investigations conducted by FINRA, the State of Nevada Securities Division, the State of Indiana Securities Division, and the Texas State Securities Board (among others). These regulatory investigations involved the following investment products (among others): auction rate securities, preferred stock, corporate debt, and variable annuities.

The firm has also been named in over 60 FINRA arbitration claims filed by investors. These claims involved various investment types and causes of action.

The foregoing is but a brief summary of the firm’s FINRA Broker Report. To access Raymond James’s full CRD, you can visit http://brokercheck.finra.org.

If you have any questions about investments you made with Raymond James, or if you believe that you have been the victim of a securities fraud, The White Law Group may be able to help. To contact the firm, please call 312/238-9650 or 561/807-6804.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, please visit http://www.whitesecuritieslaw.com.

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