Securities Lawyers Blog
The law offices of Gana Weinstein LLP represents investors in investment disputes with their financial advisors or brokerage firms, such as Jane Street Capital, LLC. Many investors do not recognize financial advisor misconduct when it happens, but there are steps that can be taken to recover investment losses. There are many different types of broker misconduct, including breach of fiduciary duty, failure to supervise, misrepresentation, and churning. The attorneys at Gana Weinstein LLP can analyze your investments to determine if there was actionable misconduct by the broker or brokerage firm.
Jane Street Capital is a proprietary trading broker-dealer that trades for its own account, acts as a market maker on various exchanges, and serves as an authorized participant creating and redeeming exchange-traded funds. Formed in Delaware in 1999, the firm is a wholly owned subsidiary of Jane Street Group and is a member of multiple exchanges, the Depository Trust Company, and the National Securities Clearing Corporation.
Jane Street Capital, LLC – By the Numbers:
- CRD #: 103782
- Regulatory Events: 2
- Broker Employees: 899
Jane Street Capital, LLC – In the News:
FINRA v. Jane Street Capital, LLC (Case #2015046614501) – In Matter No. 20150466145, FINRA’s Department of Market Regulation reviewed the firm’s compliance with its Order Audit Trail System (“OATS”) reporting obligations during the period November 19, 2014 through October 22, 2015, which began on the second day of the firm’s FINRA membership. During the review period, the firm failed to transmit approximately 106.7 million Reportable Order Events (“ROEs”) to OATS, consisting of combined New Order/Route Reports for orders in NMS securities that the firm routed to another broker-dealer for execution in Canada, and transmitted approximately 5.6 million ROEs that contained inaccurate, incomplete, or improperly formatted data. As a result, the firm violated FINRA Rules 7450, 3110 and 2010 and NASD Rule 3010.
Gana Weinstein LLP has successfully handled hundreds of customer investment disputes with their brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.