Securities Lawyers Blog
The FINRA arbitration attorneys at Gana Weinstein LLP represent investors who have suffered investment losses at brokerage firms such as Arcstone Securities LLC. Investors who have lost money because of broker misconduct or financial advisor negligence can often recover those losses through FINRA arbitration rather than in court. Our securities arbitration lawyers can review your accounts, explain how a FINRA claim works, and tell you whether you have a case worth pursuing.
ArcStone Securities is an investment banking and capital markets broker-dealer that arranges IPOs, follow-on offerings, PIPEs, at-the-market financings, registered directs and uplistings, and provides merger and acquisition advisory services, with a focus on growth sectors such as biotechnology, defense, natural resources, cybersecurity and fintech. Organized in Delaware in 2019, the firm has offices in New York and Miami and serves public and private companies, institutional investors and family offices, with wealth manager Kingswood US holding an equity stake.
Arcstone Securities LLC – By the Numbers:
- CRD #: 306029
- Regulatory Events: 3
- Broker Employees: 5
Arcstone Securities LLC – In the News:
FINRA v. Arcstone Securities LLC (Case #2020067041001) – Between September 29, 2020 and January 25, 2021, Arcview conducted a securities business on 43 days while failing to maintain its required minimum net capital of $5,000, in violation of Section 15(c) of the Securities Exchange Act of 1934, Exchange Act Rule 15c3-1, and FINRA Rules 4110(b) and 2010. These net capital deficiencies ranged from $27,914 to $105,137. Between September 2020 and October 2021, Arcview also failed to file with FINRA and the SEC 46 same-day notifications of its net capital deficiencies, in violation of Exchange Act Section 17(a), Exchange Act Rule 17a-11, and FINRA Rule 2010. Between September 2020 and October 2021, Arcview’s written supervisory procedures (WSPs) were not reasonably designed to ensure compliance with net capital and financial notification rules, in violation of FINRA Rules 3110 and 2010.
Gana Weinstein LLP has successfully handled hundreds of investment disputes involving breach of fiduciary duty, negligent supervision, and unsuitable investment recommendations. Our FINRA attorneys offer free consultations to investors with losses at Arcstone Securities LLC and other brokerage firms.