Elevation, LLC, a FINRA registered broker-dealer based in Charlotte, North Carolina, recently submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $10,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it commenced an options business, engaged [...]
Corby Capital Markets, Inc., a FINRA registered broker-dealer based in Boston, Massachusetts recently submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured, fined $100,000 and required to certify to FINRA in writing within 30 days of the issuance of the AWC that it currently has in place systems and procedures [...]
Did you lose money in a promissory note investment sold to you by Alternative Wealth Strategies? If so, The White Law Group may be able to help. FINRA recently announced that Alternative Wealth Strategies was censured and fined $75,000, which includes the disgorgement of $40,000 in commissions, relating to FINRA’s findings that the firm negligently [...]
Institutional Capital Management, Inc., a FINRA registered broker-dealer based in Houston, Texas, recently submitted a Letter of Acceptance, Waiver and Consent in which the firm was fined $65,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that the firm permitted registered persons assigned to [...]
The Securities and Exchange Commission recently announced that it has amended its rules to exclude the value of a person’s home from net worth calculations used to determine whether an individual may invest in certain unregistered securities offerings. The changes were made to conform the SEC’s definition of an “accredited investor” to the requirements of [...]
The USA Today recently ran a story in which they gave some tips on diligently selecting a financial advisor and encouraged investors to conduct research and ask questions prior to selecting one. Their article notes that in today’s investment environment where Ponzi Schemes and other frauds are plentiful, there are simple things that investors can [...]
According to a recent article in fa-mag.com the SEC recently “charged Memphis, Tenn.-based broker-dealer FTN Financial Securities Corp. for aiding financial advisor firm Sentinel Management Group Inc. in defrauding its clients of an estimated $1.5 milion…” It is alleged that FTN Financial Securities failed to “maintain accurate books and records of Sentinel’s securities transaction liabilities [...]
The SEC recently issued an investor alert in order “to warn investors of potential fraud they may encounter at investment seminars that purport to teach investors trading strategies that will allow them quickly and easily to make money trading securities.” The SEC is particularly concerned “that some trading seminar promoters may use misleading or untrue [...]
Have you suffered losses due to your investment in the LEAF Equipment Leasing Income Fund III or another LEAF fund? If you did, the attorneys of The White Law Group may be able to help you recover your investment losses through FINRA arbitration. On behalf of concerned investors, our firm is currently investigating the sale [...]
Have you suffered losses due to your investment in Striker Petroleum, LLC? The White Law Group may be able to help you recover your investment losses. Our firm is currently investigating Striker Petroleum’s Debenture offerings on behalf of damaged investors. We are looking into how the offerings were sold and what representations were made about [...]