Securities Lawyers Blog
The investment lawyers at Gana Weinstein LLP have experience helping investors determine whether their portfolio losses at investment firms, such as Acp Securities, LLC, were caused by broker misconduct. There are many different ways that your broker can impermissibly drain your accounts. Our attorneys can help you understand the cause of your investment losses, uncover misconduct, and apply the law to hold accountable those responsible.
ACP Securities is a broker-dealer registered with FINRA. The firm was organized in Florida in 2005.
Acp Securities, LLC – By the Numbers:
- CRD #: 139049
- Regulatory Events: 4
- Broker Employees: 41
Acp Securities, LLC – In the News:
FINRA v. Acp Securities, LLC (Case #2023077080601) – From July 2021 to January 2024, ACP Securities did not disclose on the firm’s customer relationship summary (Form CRS) that one of its associated persons had disciplinary history. As a result, ACP Securities willfully violated Section 17(a)(1) of the Securities Exchange Act of 1934, Exchange Act Rule 17a-14, and FINRA Rule 2010.
FINRA v. Acp Securities, LLC (Case #2016047563501) – ACPS failed to accurately report TRACE-eligible securities transactions to TRACE, in violation of FINRA Rule 6730(c). Furthermore, ACPS failed to establish, maintain and enforce a supervisory system and written supervisory procedures (“WSPs”) that were reasonably designed to achieve compliance with all applicable securities laws and regulations including TRACE-eligible securities transaction reporting, in violation of NASD Conduct Rule 3010 (prior to December 1, 2014), and FINRA Rules 3110 (on or after December 1, 2014) and 2010.
FINRA v. Acp Securities, LLC (Case #2015046333301) – In Matter No. 20150463333, the Department of Market Regulation reviewed the firm’s compliance with applicable rules regarding the reporting of transactions in eligible Corporate Debt Securities to the Trade Reporting and Compliance Engine (“TRACE”) during the period of April 1, 2015 through June 30, 2015 (the “Review Period”). During the Review Period, the firm failed to timely report trades to TRACE, in violation of FINRA Rules 6730 and 2010.
Gana Weinstein LLP has successfully litigated broker disputes through verdict or settlement. We represent both individuals and institutions throughout the country in FINRA arbitration, as well as commercial litigation in state and federal courts. Our consultations are both free and thorough and our securities litigation attorneys can help you uncover wrongful activity in your account.