Securities Lawyers Blog
The investment lawyers at Gana Weinstein LLP have experience helping investors determine whether their portfolio losses at investment firms, such as FTP 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.
FTP Securities is the broker-dealer affiliate of Financial Technology Partners, providing merger and acquisition advisory services, best-efforts underwriting, private placements, and equity research focused on the financial technology sector. Formed in Delaware in 2003 and wholly owned by Financial Technology Partners LP, the firm operates from offices in San Francisco and New York and works alongside an affiliate in the United Kingdom.
FTP Securities LLC – By the Numbers:
- CRD #: 129356
- Regulatory Events: 1
- Broker Employees: 98
FTP Securities LLC – In the News:
FINRA v. FTP Securities LLC (Case #2022076764101) – From September 2020 through June 2022, FTP Securities failed to establish, maintain, and enforce a supervisory system, including written supervisory procedures, reasonably designed to achieve compliance with applicable FINRA rules for reviewing and evaluating outside business activities. During this period, the firm received written notice that a registered person was engaging in investment-related outside business activities but failed to reasonably review and evaluate them. As a result, FTP Securities violated FINRA Rules 3110, 3270.01, and 2010, and is censured and fined $35,000.
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.