Securities Lawyers Blog
The investment lawyers at Gana Weinstein LLP have experience helping investors determine whether their portfolio losses at investment firms, such as Nationwide Fund Distributors LLC, 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.
Nationwide Fund Distributors is a broker-dealer that acts as principal underwriter and distributor for the Nationwide Family of Mutual Funds, earning sales charges and distribution fees that it shares with selling broker-dealers. Based in Columbus, Ohio, and registered to do business in all 50 states, the District of Columbia, and Puerto Rico, the firm is a subsidiary of NFS Distributors within Nationwide Financial Services, is majority owned through that group by Nationwide Mutual Insurance Company, and reported about 113.5 million dollars of 2025 revenue from sales of fund shares.
Nationwide Fund Distributors LLC – By the Numbers:
- CRD #: 25910
- Regulatory Events: 1
- Broker Employees: 58
Nationwide Fund Distributors LLC – In the News:
FINRA v. Nationwide Fund Distributors LLC (Case #2014041901001) – During a standard server refresh in July 2013, the email retention and supervision program used by Respondents was not properly reloaded on two of 87 email servers due to human error. Despite efforts to recover the emails after the issue was discovered in the spring of 2014, approximately 547,000 emails sent or received between July 2013 and April 2014 were lost, affecting the emails of 359 representatives of NISC and nine representatives of NFD. By reason of the foregoing, Respondents violated Securities Exchange Act Rule 17a-4 and FINRA Rules 4511 and 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.