Securities Lawyers Blog
Is a brokerage firm responsible for broker misconduct? Under FINRA rules, a firm such as GlobaLink Securities, Inc. must supervise the financial advisors it registers, and it can be held liable in FINRA arbitration when a broker’s unsuitable recommendations, unauthorized trading, or misrepresentations cause investment losses. The broker misconduct attorneys at Gana Weinstein LLP bring these claims on behalf of investors and can evaluate whether a firm failed to supervise your broker.
Globalink Securities is a broker-dealer that provides online brokerage and trading in stocks, ETFs, options, mutual funds, bonds, structured products and insurance products for independent brokers and their clients. Founded in California in 1992, the firm is headquartered in Pasadena and serves Chinese-speaking and other investors through its GlobaLink Financial Network.
GlobaLink Securities, Inc. – By the Numbers:
- CRD #: 29721
- Regulatory Events: 3
- Arbitration Events: 1
- Broker Employees: 100
GlobaLink Securities, Inc. – In the News:
FINRA v. GlobaLink Securities, Inc. (Case #2021070607401) – From April 1, 2020, through the present, GlobaLink charged unfair markups and markdowns in 137 corporate bond transactions in violation of FINRA Rules 2121 and 2010, did not comply with its best execution obligations for corporate bond transactions in violation of FINRA Rules 5310 and 2010, and failed to establish and maintain a supervisory system reasonably designed to achieve compliance with FINRA rules governing fair pricing and best execution of corporate bonds in violation of FINRA Rules 3110 and 2010.
If you are looking to recover stock market losses or recover losses from a financial advisor at GlobaLink Securities, Inc., Gana Weinstein LLP represents investors in FINRA arbitration and litigation against brokerage firms nationwide. Our consultations are free.