Securities Lawyers Blog
The law offices of Gana Weinstein LLP represents investors in investment disputes with their financial advisors or brokerage firms, such as Kershner Securities, 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.
Kershner Securities is a broker-dealer that provides electronic trade execution and clearance services to its affiliate Kershner Trading Americas, its sole customer, earning commission income from that relationship. Formed in Delaware in 2008 and based on Kramer Lane in Austin, Texas, the firm is wholly owned by Kershner Trading Group and has cleared through Goldman Sachs Execution and Clearing.
Kershner Securities, LLC – By the Numbers:
- CRD #: 147653
- Regulatory Events: 5
- Broker Employees: 6
Kershner Securities, LLC – In the News:
FINRA v. Kershner Securities, LLC (Case #2014041773101) – In Review No. 20140417731, the Short Sales staff of FINRA’s Department of Market Regulation reviewed the firm’s compliance with Regulation SHO and related supervisory rules during the period of June 1, 2013 to August 31, 2014. During the review period, because of a technical issue in the automated conversion logic of the firm’s trading platform, the firm failed to properly mark certain sell orders as short or long and failed to perform certain locates, in violation of Rules 200(g) and 203(b)(1) of Regulation SHO and FINRA Rule 2010. The firm’s written supervisory procedures also did not provide for the supervision of order marking, in violation of NASD Rule 3010 and FINRA Rule 2010.
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.