South Florida Arbitration & Litigation Lawyer Blog

FINRA Arbitration Lawyer, Russell L. Forkey, Esq. June, 2011: NFP Securities, Inc. (CRD #42046, Austin, Texas) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $50,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it approved…

FINRA Arbitration Lawyer, Russell L. Forkey, Esq. June, 2011: Morgan Stanley & Co. Incorporated (CRD #8209, New York, New York) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $375,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of…

FINRA Arbitration Fraud, Mismanagement and Breach of Fiduciary Duty Attorney, Russell L. Forkey, Esq. August, 2011: Morgan Stanley & Co. Incorporated nka Morgan Stanley & Co. LLC (CRD #8209, New York, New York) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $575,000. Without admitting or denying the…

FINRA Unit Investment Trust Fraud and Misrepresentation Attorney, Russell L. Forkey, Esq. July, 2011: Morgan Stanley & Co. Incorporated (CRD #8209, New York, New York) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured, fined $100,000 and ordered to provide remediation to customers who purchased Unit Investment Trusts (UITs) and…

FINRA Arbitration Lawyer, Russell L. Forkey, Esq. June, 2011: Monex Securities, Inc. (CRD #30362, Houston, Texas) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $25,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it failed…

FINRA Arbitration Attorney, Russell L. Forkey, Esq. June, 2011: Geoffrey Richards Securities Corp. (CRD #120007, Hypoluxo, Florida) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $25,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it…

FINRA Arbitration Attorney, Russell L. Forkey, Esq. June, 2011: Canaccord Genuity, Inc. fka Canaccord Adams, Inc. (CRD #1020, Boston, Massachusetts) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured, fined $22,500, required to review its supervisory system and procedures concerning research reports and the supervision of research analysts for compliance…

FINRA Arbitration Attorney, Russell L. Forkey, Esq. June, 2011: Beta Capital Management, L.P. (CRD #38964, Miami, Florida) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $20,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it…

FINRA Arbitration Attorney, Russell L. Forkey, Esq. June, 2011: Ameriprise Financial Services, Inc. (CRD #6363, Minneapolis, Minnesota) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $50,000. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it…

FINRA Arbitration Suitability and Over Concentration Attorney, Russell L. Forkey, Esq. June, 2011: Ameriprise Financial Services, Inc. (CRD #6363, Minneapolis, Minnesota) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $50,000. Read More. June, 2011: Beta Capital Management, L.P. (CRD #38964, Miami, Florida) submitted a Letter of Acceptance,…