Securities Lawyers Blog
How long does FINRA arbitration take? How much does FINRA arbitration cost? What damages can I recover in FINRA arbitration? Investors with losses at firms such as Investments for You, Inc. ask the securities arbitration lawyers at Gana Weinstein LLP these questions before deciding whether to file a FINRA claim. Our attorneys answer them in a free consultation, explain how long you have to file FINRA arbitration, and tell you candidly whether your case is worth pursuing.
Investments For You is a small broker-dealer that offers securities brokerage services to individual investors. Organized in Ohio in 1991, the individually owned firm operates from a single office in Marysville, Ohio.
Investments for You, Inc. – By the Numbers:
- CRD #: 29257
- Regulatory Events: 3
- Broker Employees: 8
Investments for You, Inc. – In the News:
FINRA v. Investments for You, Inc. (Case #2021069377402) – From June 30, 2020, to September 11, 2024, Investments for You failed to establish and maintain written policies and procedures, and a supervisory system, reasonably designed to achieve compliance with Securities Exchange Act of 1934 Rule 15l-1 (Regulation Best Interest or Reg BI). As a result, the firm willfully violated Exchange Act Rule 15l-1(a)(1) and violated FINRA Rules 3110 and 2010. From June 30, 2020, to September 11, 2024, Investments for You also failed to establish and maintain a supervisory system, including written supervisory procedures (WSPs), reasonably designed to achieve compliance with its Exchange Act Rule 17a-14 obligations to file, deliver, and update its customer relationship summary (Form CRS). Investments for You therefore violated FINRA Rules 3110 and 2010. Additionally, from August 27, 2020, to July 6, 2022, Investments for You falsely responded “No” to the Form CRS question concerning legal or disciplinary history. The firm was required to respond “Yes,” because both the firm and its Chief Executive Officer had prior disciplinary history. As a result, Investments for You willfully violated Section 17(a)(1) of the Exchange Act and Exchange Act Rule 17a-14, and violated FINRA Rule 2010.
Investors who believe they were the victim of broker misconduct or financial advisor negligence at Investments for You, Inc. should act promptly, because FINRA arbitration claims are subject to time limits. Contact the securities arbitration lawyers at Gana Weinstein LLP for a free consultation.