Close

Articles Posted in BDCs

Updated:

Supervisory Failure Leaves LPL Financial with Heavy Fines

Investor lawyers say the Financial Industry Regulatory Authority (FINRA) found supervisory deficiencies related to investment concentration at leading independent broker-dealer LPL Finanical.    As a result of alleged unsuitable recommendations, FINRA has announced a penalty in the form of a $950,000 against LPL Financial. Alternative investments can include a variety of…

Updated:

Unsuitable Alternative Investment Sales: LPL Customers Could Recover Losses

Securities fraud attorneys are investigating claims on behalf of customers of LPL Financial LLC. This move comes on the heels of an announcement on March 24, 2014 from the Financial Industry Regulatory Authority (FINRA) which stated that the firm had been fined $950,000 for supervisory failures related to alternative investment…

Contact Us