Securities Lawyers Blog
The investment lawyers at Gana Weinstein LLP have experience helping investors determine whether their portfolio losses at investment firms, such as Multi-Bank Securities, Inc., 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.
Multi-Bank Securities is a fixed income broker-dealer that provides securities brokerage, underwriting, investment banking and portfolio solutions to institutional investors. Founded in Michigan in 1987 and headquartered in Southfield, the veteran-owned firm operates nine offices across the United States and serves thousands of institutional clients nationwide.
Multi-Bank Securities, Inc. – By the Numbers:
- CRD #: 22098
- Regulatory Events: 4
- Broker Employees: 107
Multi-Bank Securities, Inc. – In the News:
FINRA v. Multi-Bank Securities, Inc. (Case #2016048230901) – Multi-Bank violated MSRB Rules G-17 and G-27 because it failed to adequately disclose to its municipal customers whether it was acting as a municipal advisor or merely a broker-dealer in municipal transactions, and because it did not have adequate procedures in place to ensure compliance with the new municipal advisor rules. Multi-Bank also violated SEA Rule 15c3-5 and FINRA Rule 3110 because it did not have adequate procedures in place to ensure compliance with aspects of the market access rule.
FINRA disciplinary actions against a brokerage firm rarely tell the whole story of how customers were affected. If you were a customer of Multi-Bank Securities, Inc. during the periods described above, the FINRA attorneys at Gana Weinstein LLP can determine whether you have a claim. Our consultations are free.