Securities Lawyers Blog
Before hiring a securities arbitration lawyer, many investors research a brokerage firm’s regulatory history, FINRA arbitration awards, and customer complaints. The FINRA disciplinary actions below are the ones in which EBH Securities, Inc. itself was a respondent. The investor lawyers at Gana Weinstein LLP represent customers of brokerage firms in disputes over investment losses, and our attorneys can review your situation and tell you whether a FINRA claim is worth pursuing.
EBH Securities is a small broker-dealer that sells mutual funds and variable life insurance and annuity products to individual investors. Formed in Indiana in 1994, the firm is based in Indianapolis and is affiliated with the investment advisory firm Capital Financial Management.
EBH Securities, Inc. – By the Numbers:
- CRD #: 36592
- Regulatory Events: 2
- Broker Employees: 1
EBH Securities, Inc. – In the News:
FINRA v. EBH Securities, Inc. (Case #2017052414401) – Between May 2015 and January 2017, EBH failed to provide notice that it was below certain net capital related levels, in violation of Exchange Act Rule 17a-11 and FINRA Rule 2010, and also failed to suspend its business operations while below those levels, in violation of FINRA Rules 4110 and 2010. On October 24, 2016, EBH also failed to maintain its minimum net capital of not less than $5,000, while continuing to conduct its securities business, in violation of Exchange Act Rule 15c3-1 and FINRA Rule 2010. On March 31 and December 31, 2016, EBH failed to maintain and keep current accurate trial balances, general ledgers, and monthly net capital computations, in violation of Exchange Act Rule 17a-3 and FINRA Rules 4511 and 2010. On March 31 and December 31, 2016, EBH also failed to file accurate FOCUS reports, in violation of Exchange Act Rule 17a-5 and FINRA Rule 2010.
FINRA v. EBH Securities, Inc. (Case #2015043646601) – On certain occasions in late 2014 and early 2015, EBH failed to maintain its minimum net capital of not less than $5,000 while continuing to conduct its securities business, in violation of Exchange Act Rule 15c3-1. EBH failed to provide notice of its net capital deficiency in violation of Exchange Act Rule 17a-11. In addition, EBH failed to maintain and keep current an accurate trial balance, general ledger, and monthly net capital computations in violation of Exchange Act Rule 17a-3. Finally, EBH failed to file accurate FOCUS reports in violation of Exchange Act Rule 17a-5.
FINRA arbitration is faster and less formal than court, and most claims against brokerage firms such as EBH Securities, Inc. are resolved there. The securities arbitration attorneys at Gana Weinstein LLP can explain how to file a FINRA claim and what to expect. Our consultations are free and we welcome all inquiries.