The White Law Group

churning lawyer
Tag Archive

• Barclays Capital to pay $16.5 million for Failure to Supervise

  

  May 4, 2017 Comments (0) Securities Fraud

  Barclays Capital Failure to Supervise According to an SEC press announcement this week, Barclays Capital will pay more than $16.5 million as part of a settlement due to allegations that the company did not properly supervise two of its former mortgage bond traders. Two former Barclays Capital residential

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• Former Advisor Demitrios Hallas Under Investigation by the SEC

  

  April 27, 2017 Comments (0) Current Investigations

  SEC Investigates Demitrios Hallas for Unsuitable investments Have you suffered losses investing with former financial advisor Demitrios Hallas? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that employed him. Today, the SEC charged

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• Dawn Bennett Ordered to Pay $4 Million by the SEC

  

  April 4, 2017 Comments (0) Current Investigations, Securities Fraud

  Recovery of Investment Losses with Dawn Bennett Former investment adviser Dawn Bennett must pay nearly $4 million for inflating assets and exaggerating investment returns in radio advertisements for her firm, according to the Securities and Exchange Commission. The SEC’s March 30 opinion clears the way for Bennett

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• SEC Alert on Red flags of excessive trading, churning

  

  March 29, 2017 Comments (0) Blog, Securities Fraud

  NY Brokers charged the same day in churning scheme The Securities and Exchange Commission issued an investor alert In January warning investors about excessive trading and churning in brokerage accounts the same day it charged two New York brokers with benefiting themselves in such a scheme. The SEC’s

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• New FINRA Rule Protecting Seniors from Financial Abuse

  

  February 27, 2017 Comments (0) Securities Fraud

  SEC approves new FINRA rule designed to protect seniors from financial exploitation. Will firms follow through? The US Securities and Exchange Commission (SEC) has approved a new FINRA rule to protect seniors and other specified adults from financial exploitation. The new rule will take effect on February 5, 2018.

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• Is your Financial Advisor Churning your Account?

  February 14, 2017 Comments (0) Securities Fraud

  Is your Financial Advisor Churning your Account? Have you suffered losses investing with your financial advisor? If so, The White Law Group may be able to help you by filing a FINRA arbitration claim against the brokerage firm that sold you the investments. Like any profession – there are good financial advisors and

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• Wall Street v. Main Street Podcast – Episode 10

  January 10, 2017 Comments (0) Blog, Podcasts, Securities Fraud

  What is Churning?                     Churning is excessive trading by a broker in a client’s account largely to generate commissions. Churning claims arise out of the inherent conflict of interest involved when a financial advisor is compensated by commissions

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• Woodbury Financial Services, Inc. fined by FINRA

  May 4, 2012 Comments (0) Blog, Securities Fraud

  Woodbury Financial Services, Inc. (CRD #421, Oakdale, Minnesota) recently submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $45,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it failed to

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