Securities Lawyers Blog
The law offices of Gana Weinstein LLP represent investors in disputes with their financial advisors or brokerage firms, such as Alternative Execution Group. Many investors do not recognize financial advisor misconduct when it happens, but there are steps that can be taken to recover investment losses. There are many different types of broker misconduct, including breach of fiduciary duty, failure to supervise, misrepresentation, and churning. The attorneys at Gana Weinstein LLP can analyze your investments to determine if there was actionable misconduct by the broker or brokerage firm.
Alternative Execution Group, the trade name of Three Brothers Trading, is a broker-dealer engaged in equity execution and trading, including inter-dealer and retail over-the-counter equity markets, underwriting and selling group participation, proprietary trading, and private placements. Formed in New York in 2007, the independently owned firm is based in Bayonne, New Jersey.
Alternative Execution Group – By the Numbers:
- CRD #: 167830
- Regulatory Events: 2
- Broker Employees: 7
Alternative Execution Group – In the News:
FINRA v. Alternative Execution Group (Case #2018056458301) – From February 2017 through December 2018, Alternative Execution Group and Alter failed to establish and implement an anti-money laundering (AML) compliance program reasonably designed to detect and cause the reporting of potentially suspicious transactions. Principal A, the Firm’s AMLCO, was responsible for the firm’s AML program. Alter knew Principal A lacked AML oversight experience relevant to his duties and did not take corrective action after becoming aware that Principal A had not performed his AML duties in a reasonable manner. By reason of the foregoing, Alternative Execution Group and Alter violated FINRA Rules 3310(a) and 2010. During the same period, Alternative Execution Group and Alter failed to establish and maintain a supervisory system reasonably designed to achieve compliance with Section 5 of the Securities Act of 1933. Although Principal A was responsible for maintaining a supervisory system reasonably designed to achieve compliance with Section 5, Alter was aware that Principal A was not carrying out those duties in a reasonable manner. By reason of the foregoing, Alternative Execution Group and Alter violated FINRA Rules 3110(a) and 2010.
Our attorneys have successfully represented hundreds of investors in investment disputes with their brokers and brokerage firms, including firms such as Alternative Execution Group. Our consultations are free and we welcome all inquiries.